12/14/2022
Dec 14, 2022
![12/14/2022 12/14/2022](https://storageatlasengagepdcus.blob.core.windows.net/atlas/all-media/glaciplaincoope/commentary/2022/october-december/thumbnails/winter-thumbnail_1.jpg?ext=.jpg)
Corn ends the day lower on the front months and higher starting at the December 2023 contract and further out. Soybeans settled mostly unchanged to 3 cents higher, with just a few months closing fractional to 1 lower. With some solid export sale announcements and shipment pace over the past couple weeks, soybeans have found a bid near the top end of our 6-month trading range but have yet to mount a charge towards the $15 handle. Corn was softer early session but spec buying showed up shortly after the morning break. Overall, a very bland day of featureless trade. With a lack of market moving headlines or changes in fundamentals, trade is focused on technicals. Weekly ethanol showed output down 16,000 barrels/day to 1.06 mln bpd and stocks increasing 1.15 mln barrels to 24.41 mln bbls.
![PFT.png PFT.png](https://storageatlasengagepdcus.blob.core.windows.net/atlas/all-media/glaciplaincoope/commentary/2022/october-december/features/pft_1.png)
![PFT.png PFT.png](https://storageatlasengagepdcus.blob.core.windows.net/atlas/all-media/glaciplaincoope/commentary/2022/october-december/features/pft_1.png)