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US farm markets weren’t looking especially bullish last Friday. However, by the close, the focus shifted back to dry South American conditions. That pushed corn prices up by 0.5% higher, mainly thanks the spillover strength from soybean prices which were more then 1.6% higher. Soymeal closed with 3.41% double digit gains. Bean oil prices faded 0.2%, […]

Everything is ready, for the main event next week. On January 12, indeed, USDA will release the monthly WASDE report. USDA’s January crop reports could has some surprises.  In fact, USDA does survey a lot more producers (at least 3X) for this set of reports than they do during the fall crop reports. And that

US farm markets were mixed but mostly lower yesterday.  Corn prices were mostly weaker on morning session, but old crop prices recovered for a 0,25% higher close.  Soybeans spilled into the red, falling 0.54% by the close.  Soymeal prices closed the session 0,58% down.  Soy oil prices were 0,91% lower on the day.  Wheat complex saw