Updated every Thursday by the GCC Grain Market Originators
Merry Christmas from the GCC Grain Team! Red Sea attacks are creating shipment issues, export sales are a mixed bag, and SWKS has more chances for rain this weekend.
December WASDE mostly a non-event, GCC country receives some precip, and export sales were decent but not noteworthy.
USDA to release December WASDE tomorrow, South America receives rains, and exports are a mixed bag.
South American rains pressure soybeans, outside markets are weaker, and export sales post big numbers.
November WASDE released with production increases for corn & soybeans. Black Sea news causing market volatility.
Fed holds rates steady, StoneX releases November yield estimates, and export sales are mostly disappointing.
Black Sea grain shipments halted, harvest keeps up a fast pace, and colder temperatures are headed for our area.
Harvest continues ahead of average pace, exports remain within estimates but below USDA pace, and our area can expect cooler temps in the coming week.
October WASDE released with plenty of news and numbers to fuel bulls.
Harvest is picking up steam, exports remain within estimates, and cooler temps are here to stay.
Bearish tone follows today's USDA Quarterly Stocks and Acreage Report, exports are a mixed bag, and cooler temps are on the way.
Panama Canal and Mississippi River water levels struggle, Feds hold rates steady, and export sales come in on the lower side of expectations.
