Thursday January 6, 2021

Markets starting lower today after a quiet trading day yesterday
After a mostly green last couple of weeks we are seeing some profit taking ahead of the January USDA report which will be released in less than a week
Disappointing weekly export sales from the U.S. with all three commodities failing to meet even the bottom end of expectations
The state of the Brazilian soybean crop remains as they face increasingly hot and dry conditions will be very closely monitored as private analysts continue to drop prospective production estimates