• The corn market traded lower on improving chances for beneficial rain events in SA and last of export news.
  • The soybean market traded lower on favorable weather conditions in SA, and forecasts for additional rain events next week.
  • Brazil’s 20/21 soybean crop is estimated at 133.9 mmt versus 133.4 mmt previously. 
  • Argentine exports slowed because of a strike by the Argentine Oilseed Workers, resulting in export facility temporary shutdowns.
Have a Great Evening!!

Tyler Meloy