Tidbits, Markets, Russian Harvest, Deforestation, ENSO, Export Inspections 12/30/25
- Wright team
- 4 hours ago
- 4 min read
Tidbits
There was no reasonable explanation for corn, beans and wheat to be smartly lower yesterday. Crude was up more than a dollar early in the day. Corn export inspections for Christmas week were less than previous week, which is to be expected, but were 47% more than a year ago. Soybean export inspections were 54% less and wheat inspections were 11% less than a year ago.
Also, the USDA announced the sale of 100,000 mts of old crop soybeans to Egypt.
Grain markets will close at their normal time on December 31st, and will reopen on January 2nd at 8:30 AM CT. First notice for January futures is this Wednesday. Long positions need to be cleaned up by COB on Tuesday.
Russian presidential aide Yuri Ushakov reported that there was a drone attack on President Putin's state residence shortly after the US-Ukraine talks in Mar-a-Lago ended Sunday. Donald Trump called Putin after his meeting Sunday with Zelensky and was told of the attack. Putin told Trump that Russia will change its position on a number of agreement points already made in the U.S. and Ukrainian peace deal, but intends to work closely and fruitfully with the U.S. to find peace, and the leaders agreed to maintain a very friendly dialogue.
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