Omicron less dangerous than previous variants

Corn and soybeans rebounded nicely weekly lows put in early last week. The Omicron worries put pressure across many markets but as more information came out painting the symptoms less dangerous the previous variants markets began to recover. The December WASDE will be out Thursday morning. Most are looking for a neutral to bullish corn report and a slightly bearish soybean report. Demand side for corn is strong while soybean exports are lagging but have not been able to push prices lower. Looks like we will have pressure this morning and test first supports. NFC Grain Comments 12.6.21 (1)