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Jon Scheve discusses how he sold corn calls to increase profits for his farm.

With rapidly changing market conditions, Jerry Gulke says it pays to look at historical precedents.

Generally, the December WASDE sees very few changes as USDA leaves major revisions until the final report in January. However, USDA did lower ending stocks in corn and wheat, as well as cut Brazil soybean production.

The absence of glyphosate would have made a bad year even worse. We would have grown fewer crops, spent more time and money on controlling weeds, and harmed our soil with plowing.

Black Sea consulting firm SovEcon raised its 2023 Ukrainian corn crop estimate by 900,000 MT.

AgDay TV Markets Now: Matt Bennett, AgMarket.Net recaps the December WASDE and explains why grains end lower after the report.

Weekly overview of ag commodity market news & price action compiled by Austin Schroeder with Brugler Marketing. Not intended as trading advice. Actions taken are responsibility of the reader.

The world stocks to use ratios were not raised in the December WASDE, which was a victory for the market.

Despite weather concerns sprouting in Brazil, USDA didn’t make any major adjustments to the South American crop in Friday’s reports. Increased demand from China and Mexico prompted USDA to trim U.S. ending stocks.