Weak exports started markets off on a weak note this morning. Abysmal export sales were reported for old crop corn and cancellations for new crop corn, while old crop wheat also saw cancellations. Soybeans and new crop wheat came in within expectations. Brazil’s soybean production estimates were raised again.
Grain TV: Canary in The Grain Market? When New Crop Exports Go Dark
Corn stocks at an elevator location. ©Debra L Ferguson Stock Images
