USDA releases the December WASDE report at 11 a.m. CST Tuesday, Dec. 10.
U.S. production figures are not changed in the December report, so look for any
adjustments on the demand side.
FUSDA Reports Preview
Congress is set to pass the bipartisan Water Resources Development Act of
2024, advancing billions for new major water infrastructure projects. The bill
prioritizes port deepening, flood risk management, inland waterways, and
drought resilience, supporting U.S. supply chains and agriculture.
@^Latest WRDA Bill Set to Pass
There is a lot of speculation about the possibility of another round of
dueling tariffs with China and what that might mean for the U.S. soybean
market. A Todd's Take from January 2020 offers a reminder of the challenges of
the first phase-one trade agreement, which has been followed by an even more
difficult situation today.
BTodd's Take
Love them or hate them, participants other than those directly involved
with a commodity use futures markets for various purposes. I believe it's
better to know as much as you can about the elephants you're dancing with.
4^CFTC Data Explained
The last tow leaving St. Paul, Minnesota, on Dec. 1 put an end to the 2024
shipping season on the far Upper Mississippi River. In the meantime, levels on
the Lower Mississippi River are falling again.
:^Cash Market Moves