- Chicago has seen mixed trade as many are unwilling to add to positions ahead of tomorrow’s USDA report and Argentina’s presidential installation on Thursday. There appears to be some stability offered from global financial markets in the aftermath on Monday.
- We are not expecting anything spectacular tomorrow, some tinkering with corn exports and an increase in corn for ethanol could be on the cards. US stocks are not expected to see significant change, ang it is global stock levels that will likely drive prices going forward. We will update as soon as possible given travel commitments this week.