02/28/2023 Why Hopes Are Growing for Ukraine “Safe Corridor” Extension

On the Grains:
Overnight markets are soft again, with beans the weakest. Harvest progress for Brazil’s huge crop continues to hold more sway over trader attitudes than bleak prospects for Argentina. Weekly export loadings last week were so-so for corn, coming in mid-range of expectations. However, they were lousy for beans. At only 691,000 tonnes, they weren’t even close to the low end of expectations that ranged from 850K to 1.7 million tonnes.