3 Big Things Today, December 23, 2024 [Video]

Corn and wheat futures were higher in overnight trading on signs of demand for U.S. agricultural products. 

Exporters sold 150,000 metric tons of corn to Colombia for delivery in the 2024/2025 marketing year that started on Sept. 1, the USDA said in a report. 

Sales of 227,200 metric tons of soybeans to an unidentified buyer were reported Thursday, while sales of 135,000 tons of corn and 120,000 tons of soy meal were reported a day earlier. 

Since the start of the marketing year on Sept. 1, overseas buyers have purchased 36.3 million metric tons of corn from the U.S., up 29% from the same time frame last year, the USDA said. 

Soybean sales are now at 38.7 million metric tons, up 10% year-over-year. 

Wheat sales since the beginning of the grain’s marketing year on June 1 now stand at 16.3 million metric tons, a 9% improvement from the same period …