Thursday September 15, 2022

• Markets continue to sit just off highs forged earlier in the week 
• A rail deal has been reached in the U.S. taking the threat of logistical issues through harvest out of the market place
• The long awaited return of the USDA export sales report came as a bit of a flop this morning – not creating nearly the drama that was expected 
• Strategie grains again cut their estimate for European corn production to 52.9 MMT – down nearly 25% from last year 
• Stats Canada updated their production estimate for wheat, increasing to 34.6 MMT – 56% above last years production