Monday February 14, 2022

Markets opening up on a lower note after closing near highs on Friday
Slow news headlines for the Ag markets this morning – the market seems to be taking this as an opportunity for some sell off this morning
Overall we remain watching the same stories – Brazilian production, Chinese buying. Russian-Ukrainian conflict and the early North American acreage battle
As Brazilian soybean harvest progresses the combines will just start rolling likely this week into the most drought affects area of the country
As beans come off – corn is going in, with about 35% of Brazils safrinha corn crop now planted