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Closing prices for December 26, 2024 showed March corn up 5.25 cents at $4.53 3/4, January soybeans up 12.75 cents at $9.88, and January soybean meal up $12.80 at $305.70. Soybean oil fell 37 points, while live cattle, feeder cattle and Class III milk closed mixed.
The closing data confirm broad gains in soybean complex and corn, while soybean oil weakness signals softer demand for oil. Livestock moves reflect routine market conditions.
brownfieldagnews.comMeghan GrebnerDec 26, 2024Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
Closing prices confirm the Dec 26 meal gain, but this is a price record rather than a cause.
