As we move deeper into December, the energies and anxieties of the approaching holiday season become more noticeable. Whether that is good or bad depends on one’s point of view, but there is no denying that the collective level of stress seems to click a few notches higher at this time of year. The current week’s price action so far would seem to indicate that this applies to grain and soy markets, although we hesitate to infer a connection beyond the calendar. However, the holiday season has become increasingly important to them over the past 10 years or so. December is a key period in the development of South American soybean and corn crops, which have become an extremely important factor in directing grain and soy market pric...

TAGS – Feed Grains, Soy & Oilseeds, Wheat, Australia, China, North America, South America