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