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Rules still awaited from Treasury/IRS
But Mexico must follow specific steps to restart cattle shipments to U.S.
Leadership differences on farm bill extension and financial aid to farmers
Corn and wheat traded in tight ranges near unchanged overnight while soybeans favored the downside.
Corn and wheat futures pivoted around changed in light overnight trade, while soybeans favored the downside.
Soybeans saw relative strength today while wheat and corn traded lower. Hogs saw modest strength while cattle futures saw profit-taking.
CPC forecasts 59% odds of La Niña by January and more than 70% by February.
Corn saw profit-taking, soybeans saw modest strength and wheat was caught in the middle in overnight trade.