Tidbits, China Imports & Exports, South America Crops, Fuel Stocks, Broilers & Ethanol 12/31/25
- Wright team
- Dec 31, 2025
- 4 min read
Tidbits
The CBOT ag markets will have regular hours today, but no night session tonight and will reopen Friday morning at 8:30 AM Central with a regular closing time.
Flash sales: Yesterday morning, the USDA announced the sale of 136,000 mts of old crop beans to China and 231,000 mts of old crop beans to unknown.
AgrInvest Commodities’ Eduardo Vanin yesterday morning:
“China booked a few U.S. (soybean) cargoes yesterday. The total is close to 140 cargoes, ~80% of the 12 million mts program. Commercials are still buying very little in Brazil, even with a solid board crush (~$32 per mt). In the last 4 weeks total China has bought 58 shiploads of U.S. and less than 20 from Brazil.”
Corn basis has firmed this week at many ethanol plants and even some river terminals, but soybean basis has firmed more than corn this week. Is basis firming only because of weather and holiday distractions or is demand stronger than merchandisers expected? We will find out next week.
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