Tidbits, Brazilian Real & Crop, Milk, Russia & Indonesia, ENSO, Export Inspections & Sales 12/23/25
- Wright team
- 2 days ago
- 4 min read
Tidbits
Flash sale: Yesterday morning, the USDA announced the sale of 330,000 mts of old crop soybeans and 66,000 mts of new crop soybeans to China.
The ag markets will close at 12:05 PM Central tomorrow and reopen at 8:30 AM Central the day after Christmas.
January options expire on Friday. Long January futures and basis contracts need to be liquidated or rolled by the close of business Tuesday, 30 December.
CBOT prices were higher yesterday and the basis for corn and beans firmed at the internal processors and along the rivers. Higher futures and firmer bases are not supposed to happen on the same day! Furthermore, the river basis is not supposed to firm in late December as winter weather restricts barge traffic. Is this just holiday trading weirdness or is there something justifying these bullish moves?
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