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CBOT weekly outlook: Big surprises unlikely in S/D report 

Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says

Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year. 












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Funds holding large net short in canola heading into 2024

Corn traders were covering shorts and putting on some new longs as New Year rolled in

The net short position in canola futures was sitting near its largest levels on record to end 2023, according to the latest Commitments of Traders report from the United States Commodity Futures Trading Commission (CFTC).