Jeff Wilson joined the Pro Farmer team in 2018 as our senior market analyst.
Looking at some emerging global crop weather issues.
U.S./China trade talks scheduled for January.
Plenty of global market uncertainty will limit rallies even with a stronger gold market.
Weakening global financial markets and U.S./China trade uncertainty continue to weigh on U.S. grain markets.
No new USDA confirmation of Chinese soy purchases as Russia has no plans to curb wheat exports.
On top of strong weekly sales, USDA's daily reporting service showed new China soybean purchases.
China buys almost 1.2 million metric tons of U.S. soybeans.
Reports of new China purchases boost soybeans, corn holds firm.
Look for a choppy trade with rallies finding selling pressure and weakness uncovering buying interest.
Rains next week, if realized, would be beneficial for easing dry soil conditions.