Wheat Lower as Traders Eye South American Crops -- Market Talk
Dow Jones
Dec 15
0937 ET - CBOT wheat futures are leading the row crop complex lower in pre-market trade. Driving the falloff is concerns about competition to U.S. wheat coming from South America, where Argentina and Brazil both have been receiving good rains to support their crops. "The arrival of ample wheat production in the Southern Hemisphere worries U.S. wheat in particular, which lacks competitiveness on the international scene," says Argus in a note. Catch-up export sales reports coming from the USDA are doing little to instill any positive sentiment into trading. Most-active wheat falls 0.7%, while corn slips 0.1% and soybeans inch up 0.1%. (kirk.maltais@wsj.com)
(END) Dow Jones Newswires
December 15, 2025 09:38 ET (14:38 GMT)
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