December 24th, 2014
Drew Johnson
Grain Marketing Specialist

From all of us at Wheat Growers. We wish you and yours a Safe and Happy Holiday Season!

Market closes at noon on Dec 24th. Closed all day on the 25th and will open at 8:30 am on the 26th.

As of 7:45am    steady

Corn is trying to push through that 4.14 March futures level. Interesting enough, there is a small gap between July 3rd and the 7th. Could we get strong enough to fill that gap? Time will tell.

As of 7:45am  4 lower

Soybeans are trading in a narrow range and will probably continue through this holiday season. Soymeal continues to be a bright spot. South American weather forecasts are seen favorable for that region of the world.

As of 7:45am  2 lower

Russia is still considering tariffs on export wheat. Cold weather forecasts, for next week, have increased the risk of winter kill on wheat in the western plains.