Friday November 18, 2022

• Markets quiet for the last trading session of the week, trading slightly higher this morning for all three commodities, bouncing off lows carved earlier in the week
• Buenos Aries Grains Exchange updated their estimates for Argentine planting progress for 2022/23 crops
  • Soybean planting 12% completed
  • Corn planting 24% completed
    • Dry conditions prevailing through the near term 
• International Grains Council lowered their estimates for 22/23 global wheat production to 791 MMT due to loses in Argentine production