Wednesday June 8, 2022

  • Markets up today with soybeans being the leader this morning
  • Old crop supplies remain tight for both beans and corn in the U.S. keeping those markets supported as end users scramble to cover their needs coming into the summer months 
  • Active rains continue to benefit the planted U.S. crop and hinder those still fighting to get in those last acres
  • Wheat continues to follow the “will they or won’t they” story in regards to if Ukrainian supplies will be available to the global markets or not as negotiations continue