Thursday September 23, 2021
- Markets still fighting with the lack of fundamental news to give direction
- We are sitting on the edge of a teeter totter awaiting yield data from the U.S. – if the yields come in above expectations, markets will slip lower, if below higher
- U.S. weekly export numbers released this morning
- Corn, on the low end of expected range but more than last week
- Soybeans, on the higher end of expectations but less than last week
- Wheat, on the lower end of expectations and less than last week
- Export shipping is notably slower than last year due to the damage in the Gulf and until that is resolved it is expected to remain that way