The Ministry of Agriculture kept its supply and demand estimates for corn and soybeans unchanged in its December report.
On corn, the ministry said that rain and snow in the northeast were challenging logistics in the region, feed companies have strong demand, and industrial processors have lower inventories that indicate a need for them to restock.
On soybeans, purchases in the northeast are faster than in previous years. There is a tight supply of high-protein soybeans which is supporting pric...