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A little bit of everything. Macros recover slightly, Canola on contract highs, most world ags quiet, US ags were higher overnight but lost half those gains in soybeans and wheats and finished slightly lower in corn. World traders continue to assess Omicron.
Big troubles in macro land due to a new strain of virulent Covid. Matif 7-8 euros lower, opening calls for US ags sharply lower on a risk off event.
Mixed US ag futures overnight, new highs for Matif wheat, currencies continue to support world ags over US ags for export.
Matif wheat made more all time highs, Dalian corn lower, US ags sloppy and slow on this shortened week approaching Fridays Dec options expiration
Crop Progress/Conditions as of November 21, 2021
HRW Leads the Wheat Complex Higher as More Rain is Set to Hit Eastern Australia
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