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Tidbits, Corn Carry, Broilers & Ethanol, Markets & Rain Days Update 11/17/22

Highlights


Everyone except a few people in Ukraine’s government, agree Russia did not attack Poland. But the Biden Administration issued the following statement yesterday mid-day:

Regardless of the outcome of the investigation into the incident, it is clear that Russia is ultimately responsible for this tragic incident, which fired missiles specifically designed to hit civilian infrastructure in Ukraine.

USDA reported yesterday morning the sale of:

  • 150,000 mts of hard red spring wheat to Iraq

  • 1,242,060 mts of old crop corn for delivery to Mexico

  • 624,840 mts of new crop corn to Mexico

The corn sale to Mexico was the fifth largest ever one day sale of corn to anybody. However, since 2014, Mexico has bought in one day in November or December 1.6 to 1.8 million mts of US corn every year. But yes, this sale of 1.8669 million mt is the most Mexico has ever bought in one day.

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