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The Biden administration will use the GREET model for determining SAF credits, but will update the methodology by March 1.

Senate stays in session on some progress re: Ukraine aid/border talks

Corn, soybeans and wheat pivoted around unchanged most of the night, though wheat favored the downside into the break.

Corn, soybeans and wheat traded on both sides of unchanged in a quiet overnight session.

After the Bell | December 14, 2023

USDA finally details PARP payments… and caveats

Corn and wheat gapped higher overnight and showed continued strength, while soybeans traded on both sides of unchanged, though went into the break nearer session highs.

Large purchases from China during week ended Dec. 7 boosted wheat sales to 1.5 MMT during the week, a marketing-year high. China’s purchases totaled 1.12 MMT during the week.