# AM Market Report – December 30, 2024 - MarketsFarm

> US corn, soybeans and wheat futures traded higher overnight, with March corn reaching its highest level since June. Canola futures also gained, and dryness concerns in Argentina and southern Brazil persisted.

- Date: 2024-12-30 · published 2024-12-30T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/27062-am-market-report-december-30-2024-marketsfarm
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Dryness in South American crop areas supports soybean and corn prices and keeps feed grain and meal costs firm for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲
- CANMEAL: bullish ▲

## Sources

- marketsfarm.com: https://marketsfarm.com/am-market-report-december-30-2024/

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