Thursday December 9, 2021

• Markets overall lower this morning as we await the USDA report today at noon 
• USDA report expecting to be a confirmation of the large crop that was harvested in the U.S. – “final” yield numbers will be reported in the January report 
• To add to the downer tone of the market this week Brazil updated their production estimate higher again the morning for both corn and soybeans 
• Weekly US export sales 
  • Strong week for corn and soybeans coming in on the higher end of expectations – wheat fell right in mid range of expectation