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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. 


File photo of cattle on feed near Champion, Alta., about 75 km north of Lethbridge. (James_Gabbert/iStock/Getty Images)

Klassen: Cattle producers anxious about 2024

No sales the first week of 2024 as markets assess inventory, plan strategy

The holiday break for the cattle market is analogous to an the intermission between periods of hockey game. Feedlot operators assess inventory and to focus on the market structure. They’re planning their purchase strategy for the next couple months.