Wednesday February 16, 2022

Markets recovering this morning after a red close yesterday
The NOPA crush report that came out mid-day yesterday did not offer the support we were looking for – failing to meet expectations coming in lower than the previous month and January of last year at 182.2 million bu
Private analyst AgroConsult just completed their Brazilian crop tour and pegged the soybean yield at 41.6 bu/ac – a six year low
The market feeling a little less confident in a peaceful resolution with Russia today as tensions continue to escalate