# Markets head for Holiday holding pattern

> Farm Futures' market commentary says markets are entering a holiday holding pattern following the December 9 USDA report, which made few significant changes to corn and soybean balance sheets. Dry weather in southern Brazil and parts of Argentina bears watching, but South American production potential still looks adequate. Purchases by China and Mexico were not enough to move futures.

- Date: 2021-12-14 · published 2021-12-14T12:00:00.000Z
- Category: market · region South America · magnitude low
- Page: https://feedsoft.ai/events/43529-markets-head-for-holiday-holding-pattern
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Limited price catalysts and historically muted seasonal moves suggest little near-term direction for corn and soybeans, though South American dryness is a risk to monitor.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- farmprogress.com: https://www.farmprogress.com/commentary/markets-head-for-holiday-holding-pattern

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