World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

Modest volume in overnight trading featured mostly lower prices before the market turned higher heading into the morning break. Corn, soybean, and wheat futures all finished that session with 3-5 cent gains. The day session opened with notable buy corn/sell soybeans action that left the soy complex weaker. Trade was choppy with little fundamental news to push the market one way or the other. However, falling crude oil prices drove soyoil lower, which in turn accelerated selling in soybeans and soymeal. The seven-day weather forecast for the U.S. features temperatures well above normal with heat in the western Corn Belt more threatening for the corn/soybean crops. Precipitation levels will be below normal for most of the country except for...

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feed-grains soy-oilseeds wheat

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feed-grains soy-oilseeds wheat

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Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

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feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.19/bushel, down $0.075 from yesterday's close. Dec 24 Wheat closed at $5.3025/bushel, down $0.1075 from yesterday's close. Jan 25 Soybeans closed at $9.875/bushel, down $0.2025 from yesterday's close. Dec 24 Soymeal closed at $287/short ton, down $4.6 fro...

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Market Commentary: Bearish Beat Goes On

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