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