Wednesday November 16, 2022

  • Alot of ups and down over the last 24 hours to bring us almost exactly to where we started the day yesterday in the markets 
  • Yesterday afternoon reports began circulating that a Russian missile hit in Poland killing two people – the markets shot up accordingly
  • However, as more information came to light it was revealed that it was actually Ukrainian defensive fire and all the premium that went into the markets quickly came back out 
  • Octobers NOPA soybean crush numbers came in at 184.5 million bu – up from both last month and last October