12/15/25 Bears Have Momentum; Bulls Looking for Stability

12/15/2025 Click Above to Watch the Morning Market Talk Video Bears Have Momentum; Bulls Looking for Stability On the Grains Soybeans gapped lower to start the overnight session but failed to find sustained selling and came off their lows. Corn held near unchanged. Both markets started the week rather quietly after poor finishes last Friday. Wheat futures extended their losses during the overnight session. Market focus remains largely on Chinese demand for U.S. soybeans and Brazil’s crop situation, with some attention on the ongoing talks for a potential end to the Russia/Ukraine war. Brazil Weather Focus Could Shift to Potential Harvest Brazilian soybean basis for the second half of this month and January jumped last week, suggesting supplies will be tight over the next 45 days. Widespread rains fell across nearly all of Brazil’s major production areas last week. Conditions remain mostly favorable, though some are starting to talk about potential harvest delays if the heavier rains persist. More rains are in the forecast for Mato Grosso and Goias over the next 10 days to two weeks, while Parana, Sao Paulo, western Mato Grosso do Sul and parts of Minas Gerais will be dry. Any delays for Brazilian soybean harvest…