Monday November 1, 2021

  • Markets starting the new month higher this morning 
  • The global market is looking for wheat this morning and that is being reflected in wheat pushing higher again this morning and dragging the other commodities along with it 
  • As we get into the new month we will see more private estimates rolling out on U.S. yield prior to the USDA report out next week 
  • Rapidly rising input costs continue to play into the story of 2022 planting and how they will impact the American farmers acreage decisions between corn and soybeans
  • Another spot corn and soybean sale to China this morning also helping to support the markets