PDF attached




markets are closed Monday.
USD is slightly lower, WTI lower and US equities lower. Soybeans and meal are higher on ongoing Argentina weather concerns and soybean oil is lower from product spreading and lower WTI crude oil. Deliveries were heavy for CBOT soybean oil.
palm oil futures in Malaysian were 84 ringgit to 4,174 and cash up $20/ton at $970.00. China soybean futures were down 0.1%, meal 0.8% higher, soybean oil 0.5 higher and palm up 1.2%. Rotterdam vegetable oils were mixed from early yesterday morning. Rotterdam
meal 2.50-4.50 euros higher. Offshore values were leading SBO lower by about 58 points earlier this morning (38 higher for the week) and meal $8.60 short ton higher ($6.60 higher for the week to date).









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Weather, INC.


  • No
    serious changes were noted for Argentina’s two week forecast today
    • The
      nation will get some beneficial rain late this weekend into Monday, but it will not be enough to carry crops through the following week of dry and warm biased weather without being notably stressed once again
  • Brazil’s
    forecast has also not been changed greatly today and most of the nation will continue to see good production potentials because of timely rainfall and seasonable temperatures
    • Some
      heavy rain is still expected in center south crop areas in the coming week, but the impact should be low as long as lighter rainfall resumes when the harvest season arrives
  • Europe
    weather is advertised wetter in the second week today relative to that of Thursday’s forecast and some of the stormy weather may be overdone
  • Western
    CIS crop areas will continue to see a succession of precipitation events maintaining some possible potential for flooding in the spring
  • Cooling
    in Russia next week will not have a big impact on winter crops because the most anomalous temperatures will be confined to the New Lands where little to no winter crop is produced and snow cover is still prevalent in those areas
  • India,
    Australia, China, South Africa and North Africa weather today is indifferent from that of Thursday especially in this first week of the outlook.
    • Some
      greater week two rainfall was suggested in eastern Australia
    • North
      Africa wheat areas need rain
    • South
      Africa’s week two precipitation should diminish for many areas relative to that of this first week

World Weather INC


Ag Calendar

Dec. 30:

  • USDA
    weekly net-export sales for corn, soybeans, wheat, cotton, pork and beef, 8:30am
  • CFTC
    commitments of traders weekly report on positions for various US futures and options, 3:30pm
  • ICE
    Futures Europe weekly commitment of traders report, 1:30pm (6:30pm London)

Dec. 31:

  • Malaysia’s
    Dec. 1-31 palm oil export data by cargo surveyor AmSpec

Jan. 2:

  • New
    Year’s holiday in several countries, including US, UK and Japan

Jan. 3:

  • New
    Zealand global dairy trade auction
  • EU
    weekly grain, oilseed import and export data
  • US
    Purdue Agriculture Sentiment
  • USDA
    soybean crush, 3pm

Jan. 4:

  • No
    major event scheduled

Jan. 5:

  • EIA
    weekly US ethanol inventories, production
  • Port
    of Rouen data on French grain exports
  • Malaysia’s
    Jan. 1-5 palm oil exports

Jan. 6:

  • FAO
    Food Price Index
  • Net-export
    sales for corn, soybeans, wheat, cotton, pork and beef, 8:30am
  • ICE
    Futures Europe weekly commitments of traders report
  • CFTC
    commitments of traders weekly report on positions for various US futures and options