|
|
Gary's Blog 01/02/26 1:15:23 PM
 |
1-2-26
The market appears to be in holiday mode with reduced volume and very little fresh news. Brazil is on the verge of a record harvest which could be as big as 180mmt. China most likely will shift all of their purchases to them (which is normal) from here on out. Soybean futures continue to stink as funds liquidate long positions. Bridge payments were announced late Wednesday with payments likely to go out (starting) Feb 28th. The per/acre breakdown is as follows: Corn $44.36, Beans $30.88, and wheat $39.35. These payments will be based on 2025 certified acreage. Focus will now shift to the all important Jan crop report.
12-30-25
Today lacked excitement in a low volume session with futures near unchanged. Year end position squaring was noted while FND for January futures is tomorrow. Those with positions need to be priced or rolled by the close today. Forecasts in Argentina are trending drier which could be the first real weather hiccup for South America if the pattern holds. China is rumored to have secured some US beans, which if true, is nearing them to their promised 12MMT. A quick reminder the Pandora Grain office will close tomorrow at noon.
12-29-25
The market appears to have a holiday hangover as futures ran deep in the red today. There is just nothing bullish to cling to with SA coming on strong and cash supplies are readily available. The January 12th crop report is our next real hope for a bullish surprise. The Pandora Grain office will close at noon December 31st and reopen Jan 2nd at 8am.
|
|
