Monday December 13, 2021

  • Markets lower coming into this week 
  • First estimates for the 2022 European Union wheat crop coming in at 139.8 MMT – down from 2021 production of 143.2 MMT 
  • Trade will be watching weather and demand for the next month awaiting hopefully a more meaningful USDA report in January 
  • Weather for South American soybeans and first crop corn has been near ideal for the start of their growing season