# Ag Market View for Dec 31.24 - ADM Investor Services

> CBOT corn closed up 4-6 cents to hit a six-month high, while soybeans gained 14-16 cents and meal rose $3-5. Money managers were net buyers of corn and index funds net sellers in the week ended December 24. USDA was set to release November census grain crush data, expected to be a record.

- Date: 2024-12-31 · published 2024-12-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/26983-ag-market-view-for-dec-31-24-adm-investor-services
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Dry conditions forecast for Argentina and a record expected crush support soybean meal and corn prices, while routine positioning data give buyers a read on near-term momentum.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- admis.com: https://www.admis.com/ag-market-view-for-dec-31-24/

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