Agriculture News
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Corn and wheat futures pivoted around changed in light overnight trade, while soybeans favored the downside.
CPC forecasts 59% odds of La Niña by January and more than 70% by February.
Corn, soybeans and wheat mildly favored the downside during quiet overnight trade.
Corn and soybean basis remains slightly below average.
Grains traded on both sides of unchanged overnight, though a modestly firmer tone has developed in the corn and wheat markets while soybeans have weakened.
Other changes were relatively minor.
Corn, soybeans and wheat held in tight trading ranges during the overnight session as traders await USDA’s December crop reports later this morning.
Corn, soybean and wheat futures open the week working higher. Cattle futures are higher with lean hogs choppy to start the week...