Dec 26, 2023

Corn and soybeans start the final week of 2023 in a positive fashion.  Opening calls for today were talking lower for grains after rains materialized in Brazil over the long weekend.  Following the 8:30am hard open, corn traded higher for a majority of the session with the March contract ending the day 7 cents higher and just fractionally above its 20-day moving average.  Soybeans began the day bouncing back and forth across unchanged and finally sustained a rally after the mid-day point of the session and 6-13 cent gains on the day.  The January contract now has solid footing above the 1300 level, once more.  Most market spaces enjoyed higher trade today. 

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