January 23, 2023
Monday, January 23, 2023 at 3:36:18 p.m. UTC
Money Making Mondays
Top 3 – Things to Watch this week:
1. Rain has finally made it to the southern growing areas of Argentina with up to 2 inches.
2. As of 19 January, Ukraine had exported just over 18Mt of grain under the Black Sea Grain Initiative.
3. INVESTORS RAISE NET-LONG POSITIONS IN CORN, BEANS. Investor raise Wheat net-short positions.
This week’s Action Item:
Market has taken a bearish turn. Does it mean full panic sell? No, but expect the volatility to continue.