Closing Comments December 20, 2024
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To start the week wheat opened steady to higher and extended session gains throughout the night but trimmed its gains once the day session started.
To start the week corn opened lower but firmed to trade with gains throughout the night session and even extended session gains once the day
To start the week, soybeans were higher overnight and into the first part of the day session. But the market faded in the day session
To start the week canola opened higher overnight and stayed on the positive side for the first part of the overnight session. But then the
Live cattle closed with losses each session this week while feeder cattle managed to post gains in one session but closed lower in the other
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Last week’s wheat export sales pace was estimated at 16.8 MB. After 28 weeks, wheat sales were at 70% of USDA’s expectations vs. 78% last
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