Wednesday January 5, 2021

  • Impressive gains across the board yesterday – most notably being soybeans as private analyst lowered their expectations for Brazilian crop production due to declining conditions in the field 
  • Looks like the gains yesterday have been met with some selling overnight having us start out the day on a lower note but still sitting near highs 
  • Some rains in South America also putting a damper on the rally here today keeping us in the red so far this morning