Corn leads overnight recovery bounce. Meanwhile, metals continue to soar. The grain trade managed a slight bounce in the overnight session, as crude oil rallied $1.00 off yesterday’s lows on renewed Russian oil sanction talks if they do not accept the current peace agreement. By morning, the advances were limited to fractional gains or losses with…
Wheat continues on retreat despite further attacks on Russian oil infrastructure. Putin is quiet about any retaliation, even though he threatened it weeks ago. Overnight futures trade was narrowly mixed, with grains trending slightly lower while soybeans posted modest gains. As expected, much of this movement stems from end-of-month, quarter, and year positioning. With this…
Soybeans find a steady start to the morning for the first time in two weeks. Corn and soybeans are trading narrowly mixed in the overnight session, while wheat is facing a bit more selling pressure. News flow remains light and is expected to stay that way through much of the week. Today brings the November…
Corn is set to close steady to better on the week, while wheat and soybeans are lower. The grain trade is softer this morning, despite what would’ve been considered productive closes yesterday in corn and wheat, especially after wheat closed positively yesterday after the Rosario Grain Exchange raised its wheat estimate to 27.7 MMTs. This…
Grains find buying interest overnight. Corn, soybeans, and wheat traded higher overnight as selling interest remained limited. While fundamentals continue to offer support, recent sessions have struggled to attract consistent buying. Export demand, however, is showing signs of improvement. Multiple U.S. sales were reported yesterday, including flash sales and additional smaller deals. A weaker U.S….
Argentina cuts export tax by 2%, weighing on the morning grain trade. The morning grain trade is on the defensive after yesterday’s December WASDE report showed a friendly number on corn, by increasing exports by 125 million bu, and cutting ending stocks with that increase. Yet the weight of wheat and its 901 MMB carryout,…
USDA WASDE Grain Stocks Report 12/9/25 Corn and soybeans are friendly to pre-report estimates, and the wheat numbers are slightly higher than the average guess. Corn is trying to become friendly after recent congestion.
The WASDE report is out at 11:00 a.m. CT today. Markets are seeing final positioning ahead of today’s WASDE update. No major changes are expected, as December reports typically limit adjustments to the demand side, with production left unchanged until January’s final numbers are released. Given the recent pickup in corn exports and China’s…
Soybeans recover from a sharp overnight tumble on another hoped-for Chinese flash sale. Grain futures are starting the week firm, while the soy complex came under pressure overnight. Weekend rains across South America weighed on soybeans, as did weakness in the broader energy complex. The firming of soybeans in the morning, recovering from a 10-cent…
