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...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
