01/08/26 Grains Focus on Demand, USDA’s Upcoming Reports

01/08/2026 Click Above to Watch the Morning Market Talk Video Grains Focus on Demand, USDA’s Upcoming Reports On the Grains Soybeans and corn modestly favored the downside in quiet overnight trade, while wheat futures traded higher for most of the session. There are two clear focal points for grain traders – Chinese demand for U.S. soybeans and preparations for USDA barrage of reports next Monday. A broader market focus remains on geopolitical happenings in Venezuela and Russia/Ukraine. On the demand front, USDA will release export sales for the week ended Jan. 1 at 7:30 a.m. CT as it is now caught up on those reports. Traders are also anticipating some daily soybean sales to China. Following are pre-report expectations for the Jan. 12 USDA Annual Production Summary, U.S. and global ending stocks, Grain Stocks and U.S winter wheat seedings based on Reuters surveys. The potential market movers are the final U.S. corn and soybean production figures and Dec. 1 stocks. On the Cattle:  Live cattle and feeders posted sharp losses on Wednesday as traders took some profits out of markets that were overly extended to the upside, especially feeders. Cash feeder cattle prices continued to show impressive strength, which should underpin futures,…