Election day

Corn and soybeans moved lower on the 1st day of the week and continued lower overnight. We don’t know if election day will have a big effect on the commodity markets, but they are trading lower regardless. Tomorrow, we have the November WASDE report and while the production side is estimated to stay nearly unchanged but a decent cut to exports for both but domestic use to be left alone. Will this be the month where usage cuts catch up with production cuts? So far drops in production have outpaced any decline on the demand side and prices have stayed elevated. For today, we will be using 6.72 & 13.28 for support and 7.00 & 14.70 for resistance. We had multiple flash sales this morning, check below for detailsNFC Grain Comments Options -11.8.22 (1)

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