Crop conditions unchanged & Putin making noise about corridor

Corn continues to trade stronger, adding 10 cents yesterday and another 6 overnight. The trade is worried about corn production and with Putin starting to publicly bash the grain corridor agreement saying the grain is not going to countries with food scarcity issues. This brought corn back positive and took wheat 30 cents higher. Soybeans traded much weaker yesterday and early last night as there is little production worries there but the Putin news pulled it back to slightly higher in the overnight after putting out a low at 13.84. For today we will watch that 13.85 area if soybeans turn over and 6.65 area for corn as support. On the upside watch 14.22 and 6.85 as resistance. NFC Grain Comments Options -9.7.22

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