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.