General Comments Markets were firm overnight and this morning in extremely light Christmas Eve trading. In fact, trade volume was much lighter than expected, with less than 10,000 contracts of nearby corn and soybean contracts trading by 9:00 a.m. That is hardly worth opening for. Markets closed at noon today and will not open until 9:30 a.m. Wednesday.There wasn't much news to talk about and there were even fewer people around to listen or pay attention to the news. It was a repeat of what we've been reading and hearing for the past few weeks.
Weather seems to be OK for the moment in Brazil but too wet in Argentina. The market views weather in South America as still on track to produce record soybean crops. Once the calendar turns...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
