Surprise strength

Surprise strength

Corn added 5.5 cents and soybeans were up a penny but were double-digits higher during the session. China and Mexico were in for soybeans yesterday and the corn action made one wonder if the was corn being booked. We will be looking for some flash sale the rest of the week. We get fresh ethanol data this week and if we finish the year strong ethanol usage probably will need to be bumped up on the balance sheet. Markets are a little weaker overnight and we could see some pressure to start the day as the veg oil market was lower last night. NFC Grain Comments 10.27.21 (1)