Thursday January 21, 2021

  • Markets coming back slightly on the overnights up off their lows hit last night
  • China’s Ag ministry approved two new GMO corn varieties for importation as feed demand rises as pork production grows to 88% of pre-African Swine Fever levels
  • After beneficial rains this past weekend Argentina has turned back to hot and dry for at least the next few days before more chances pop up – rain should arrive in enough time to prevent the majority of the crop from serious stress for the mean time 
  • Brazil seeing more widespread scattered rains