# After the Bell | December 26, 2023 - Pro Farmer

> On December 26, 2023, March corn rose 7 1/4 cents and March SRW wheat gained 20 cents amid Middle East tensions and Ukraine-Russia military reports. Soybeans and soymeal also rose, while soyoil fell. Live cattle closed $1.875 higher.

- Date: 2023-12-26 · published 2023-12-26T12:00:00.000Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/11283-after-the-bell-december-26-2023-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Higher crude oil and geopolitical risk lift grain and oilseed prices through energy and Black Sea supply concerns. Soyoil weakness, however, signals softer biofuel-linked demand.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲
- WTI: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-07-24 | [After the Bell \| July 24, 2023 - Pro Farmer](https://feedsoft.ai/events/11935-after-the-bell-july-24-2023-pro-farmer.md) | +9.3% | -4.1% |
| CORN | 2022-03-21 | [After the Bell \| March 21, 2022 - Pro Farmer](https://feedsoft.ai/events/6243-after-the-bell-march-21-2022-pro-farmer.md) | +1.5% | +11.2% |
| CORN | 2022-02-24 | [Afternoon Market Recap for February 24, 2022 – The Seam](https://feedsoft.ai/events/8526-afternoon-market-recap-for-february-24-2022-the-seam.md) | +6.5% | +12.3% |
| CORN | 2024-02-20 | [Polish farmers dump grain in protest as Ukraine dispute deepens \| Poland \| The Guardian](https://feedsoft.ai/events/31691-polish-farmers-dump-grain-in-protest-as-ukraine-dispute-deepens-poland-the.md) | -2.7% | +4.7% |
| CORN | 2022-12-15 | [Market Perspectives – December 15, 2022 - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/5517-market-perspectives-december-15-2022-u-s-grains-and-bioproducts-council.md) | +2.2% | +4.0% |
| WHEAT | 2023-07-24 | [After the Bell \| July 24, 2023 - Pro Farmer](https://feedsoft.ai/events/11935-after-the-bell-july-24-2023-pro-farmer.md) | -0.4% | -0.1% |
| WHEAT | 2022-03-21 | [After the Bell \| March 21, 2022 - Pro Farmer](https://feedsoft.ai/events/6243-after-the-bell-march-21-2022-pro-farmer.md) | +15.8% | +5.9% |
| WHEAT | 2022-02-24 | [Afternoon Market Recap for February 24, 2022 – The Seam](https://feedsoft.ai/events/8526-afternoon-market-recap-for-february-24-2022-the-seam.md) | +6.8% | +25.3% |

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-december-26-2023

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.