Wednesday February 3, 2021
- Mixed markets this morning
- No flash sales again this morning and corn is unable to perpetuate gains any longer with the lack of fresh support
- We continue to get assurance from South America that though the Brazilian soybean harvest will be later than usual – it will not affect the size of the crop and record numbers still projected
- Trending lower this week as we are now less than a week out from the February USDA
- Are we just creating room in the futures for markets to push higher post report without breaking out of current trading ranges