Friday November 26, 2021

  • Markets starting notably lower after the mid-week break – expecting unpredictability today as there will be significantly less traders in the market place than a typical day due to the Holiday
  • Decent weekly U.S. export sales this week for corn beans and wheat
  • The Buenos Aires Grains Exchange increased their Argentine wheat production for 2021/22 to a record 20.3 MMT 
  • Agroconsult increased their estimates for Brazils 2021/22 corn and soybean production – soybeans now at 144.3 MMT (vs 138 MMT last season) and corn at 124 MMT (vs 86 MMT last season)