Chicago opens higher with weather risk in Argentina and renewed Black Sea disruption in focus, while export inspections keep demand on the screen into Christmas.
Drone damage at Russia’s Taman port and a fresh run of U.S. export stats steadied sentiment, while South America weather contrasts kept corn and soy risk-sensitive.
Drone strikes at Russia’s Taman port add a fresh logistics risk premium—while weather contrasts in the Americas keep corn and soy traders focused on South America.
Biofuel-policy uncertainty kept soybeans on the back foot while record U.S. ethanol demand propped up corn, with weather and logistics risk setting the stage for a more volatile Q1.