Lockdowns in Europe bringing pressure?

Soybeans and corn were off yesterday and are lower overnight. Some profit taking before the weekend/holiday week next week and some concern with European countries talking about lock downs again. Austria is locking down on Monday for 22 days and rumors that Germany is considering a lock down of their own with Covid cases rising. Crude oil is off 3% overnight making new lows for the recent down move trading in the 76 handle. Could see more pressure to start the day but would expect buyers to show up in corn while soybeans may make a run at 12.50. NFC Grain Comments 11.19.21

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