December 24th, 2018 Commentary by Ashton

Good morning! Corn market has pulled back overnight after Friday’s rally buoyed by talk of potential Chinese purchases. Light, thin trade trade will probably be the fare for this week amid lack of inputs due to the partial government shutdown. Soybeans continue to struggle, down another 4-5 overnight. The only real salve for beans will be an agreement to end the trade war with China. Enjoy the holidays! Merry Christmas!!

Spreads:
Corn: H/K 7 ½ carry.
Soybeans: F/H 12 ¾ carry.

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