Brian Grete

Soybean futures built on Monday’s gains overnight, while corn and wheat mildly rebounded from yesterday’s losses.
Corn and soybean futures are higher with wheat futures opening the new year mixed. Cattle futures are mildly weaker with lean hogs slightly higher.
The first trading session of the new year started with a bang as soy futures led overnight gains in the grain and soy complex.
Corn, soybeans and wheat traded both side of unchanged in light price action to kick off the last trading day of the year.
Soybeans and corn are trading lower and near session lows this morning, while wheat futures are mostly weaker.
Corn, soybean and wheat futures are trading near session lows this morning as markets extend Tuesday’s weaker (and low-range) closes.
A slow weakening of the La Nina weather pattern is expected in January, but its influence on South American weather will likely continue without much change into at least mid-January.
Soybean basis slipped again, but remains well above the three-year average.
March soybean futures reached the highest level overnight since mid-July, as the strong rally was extended.
wheat inspections mildly increased but remain slow.