Thursday September 22, 2022
- Markets trading slightly lower this morning across the board as the rally sparked earlier in the week is seeming to run out of momentum
- Wheat has slipped off highs but continues to hold a majority of gains picked up earlier in the week on the back of escalating aggressions in the Ukraine
- Soybean and corn markets continue to sit near highs as a slow start into harvest, now seeing rains both in Ontario and the U.S. to slow progress for another day
- Weekly export sales report was disappointing across the board the morning with all three commodities failing to meet even the lower end of expected range