12/04/2024 Outside Markets Drive Grains

On the Grains
Good morning, after some technical difficulties, we’re up and running since we are on a schedule, I will keep it brief this morning. Yesterday, corn attempted to follow crude higher as the OPEC meeting that is scheduled for later in the week will establish production guidelines for 2025. Most traders expect OPEC to delay production increases as they fear flooding the market and what the newly elected President Trump will do on the domestic front.