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Gary's Blog 12/17/25 1:23:43 PM
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12-17-25
It was a mixed day in the markets with soybeans still unable to find any sort of support. Long awaited gaps have been filled and news of China buying beans still hasn’t inspired the buy side of the traders in the soybean pit. The excessive length (which is now being trimmed) by funds is largely to blame according to some news sources. Corn was the bright spot as a midday recovery led to a solid close for the March contract. Ethanol grind has been huge along steady exports has helped keep futures well supported. (despite the large soybean selloff) Basis continues to show signs of life (in the ECB) as end users look to source supply into year end. Next week should see reduced volume as we enter into “holiday trade mode.” Quick reminder the Pandora Grain office will close at noon on Friday (19th) for the employee Christmas party.
12-16-25
It was another brutal day in the grain markets with soybeans leading the way down. The all-important open chart gap of 10.63 on Jan beans has been filled. This has been discussed at length and bulls hope it turns into a major support level now. Technicals would indicate that we are at oversold levels but that doesn’t mean the pain has to stop in the short term. South American weather is in the crosshairs now as a weather scare is needed to ignite a rally.
12-15-25
Overall, the CBOT carried a weaker tone today with grains closing lower. Soybeans are searching for a bottom as funds continue to liquidate length. Even a reported sale to China couldn’t slow down the selling today. Brazilian beans will soon become available in mass quantities for the export market. Traditionally this is when US sales tend to dry up. Corn and wheat remain range bound with little fresh news. The Pandora Grain offices will close at noon on Friday Dec 19th for the employee Christmas party.
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