Thursday July 21, 2022

  • Scattered rains across Ontario offered some much needed relief – chances for rains will continue through the weekend putting a pause on wheat harvest 
  • Red continues to be the trend for corn and beans as the forecast turns very beneficial into the end of the month across the majority of the Midwest
  • Weekly Export Sales 
    • Overall improvement across the board compared to last week with all sales for corn, beans and wheat landing within expected ranges
  • Wheat is struggling to remain in the green despite the downward pressure from the other two commodities – feeling like a question mark is just looming over the wheat market regarding the Ukrainian export negotiations and if those supplies truly will hit the global market place or not