Friday December 16, 2022

Markets trading either side of unchanged as we enter our last trading session of the week
COVID continues to spread through China, weakening their economy contributing to some pressure on the bean market – however long term optimism remains for the county’s economy as herd immunity is reached
Russia initiated another missile attack on Ukraine last night, creating power outages once again
November NOPA crush numbers came in slightly disappointing, failing to meet average estimate at 179.2 million bu
Argentina looking mostly dry through the weekend with some more chances for precipitation into next week
Brazil has continued to see scattered rains with that pattern expected to continue into next week