Thursday June 17, 2021

  • Scattered rains that have been on the forecast have started to hit the Midwest with more coverage expected to continue through the next 48-72 hours 
  • Soyoil say a limit down day yesterday as rumors surface that the Biden Administrations policies are not as friendly as the trade had expected to renewables 
    • With soy-oil being at all time highs this triggered specs to take a step back for the time being 
  • Export sales report for this week left the markets less than impressed with each commodity coming in on the low end of expectations