Are the outside markets going to bring selling to the commodity markets?

The WASDE did not give us much to work with on Friday. The only surprise to us was the lowering of corn exports for old crop 50 million bushels and none of it got moved to the new crop balance sheet. There is so much going on in the geopolitical and global economics with inflation that the dart board is getting bigger while the darts are getting smaller so everyone is in best guess scenario. Stocks and energies are getting hit overnight and are expected to have pressure this morning as well. If we see more heavy selling to start the day we will be watching 7.60 and 17.05 in the July contracts. NFC Grain Comments Options -6.13.22 (3)

Sign up for text alerts from NFC! Enter your mobile number to join: