Drone damage at Russia’s Taman port and a fresh run of U.S. export stats steadied sentiment, while South America weather contrasts kept corn and soy risk-sensitive.
Drone strikes at Russia’s Taman port add a fresh logistics risk premium—while weather contrasts in the Americas keep corn and soy traders focused on South America.
Biofuel-policy uncertainty kept soybeans on the back foot while record U.S. ethanol demand propped up corn, with weather and logistics risk setting the stage for a more volatile Q1.
