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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.

Top stories for Dec. 12, 2024

Soybeans saw relative strength today while wheat and corn traded lower. Hogs saw modest strength while cattle futures saw profit-taking.

Hogs saw modest strength today while the cattle markets saw corrective selling.

Weakness in corn futures undercut the soybean and wheat markets today.

Corn prices post notable weekly gains.

CPC forecasts 59% odds of La Niña by January and more than 70% by February.

Weakness is featured across the agricultural complex this morning.