2/26/21
Mixed day today with nearby corn closing up .75 @ $5.555 and beans closing down .75 @ $14.0525
Market reacted to lowest export sales of the marketing year 453.3 corn and 167.9 old crop beans
No exports sales announcements again today and nothing since Feb 12
Technical selling and month -end squaring was the story of the day
More rain the forecasts for Brazili with 2-4" possible and Argentina weather staying dry
The US dollar was trongly higher and the Dow Jones was down another 470 points at the time of this update
Have a great weekend,
Scott Johnson