Friday October 22, 2021
- Markets rebounding slightly this morning after a red day yesterday with wheat leading the charge
- Overall yesterdays losses are more attributed to broader losses in global markets rather than fundamental change in the grain markets
- The International Grains Council updated their global production estimates
- 2021/22 corn up 1 MMT to 1.21 Billion MT
- Corn and soybean harvest continuing to come off at a good pace across the U.S.