CEO of Goldman Sachs: The market's response to tariffs will depend on the specific implementation.Before the publication of USDA monthly report, CBOT soybeans rose by 0.53%, CBOT corn rose by 0.11%, CBOT soybean meal rose by 0.9%, CBOT soybean oil fell by 0.33%, and CBOT wheat rose by 0.27%.The Dow Jones Internet Composite Index reported 1157.64 points, up 3.54 points or 0.31%.
The S&P 500 index fell, and the Nasdaq 100 index was at an intraday low.USDA: In December, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels. According to USDA data, the US soybean production in 2024/2025 is expected to be 4.461 billion bushels in December and 4.461 billion bushels in November. In December, the US soybean ending inventory in 2024/2025 is expected to be 470 million bushels, the market is expected to be 469 million bushels, and it is expected to be 470 million bushels in November. In December, the annual soybean yield in the United States in 2024/2025 is expected to be 51.7 bushels/acre, and it is expected to be 51.7 bushels/acre in November.French President Macron is striving to avoid holding new French parliamentary elections before 2027.
Marianne Lake, JPMorgan Chase: The US economy continues to show "good resilience", and we see a slight increase in consumer holiday spending.The Seoul court approved the arrest of former defense minister Jin Longxian, and the Seoul Central District Court approved the arrest of former defense minister Jin Longxian, the leader of President Yin Xiyue's emergency martial law. The judge thinks that Jinlong is at risk of destroying evidence.Brent crude oil rose by 1.00% in the day and is now reported at $72.48/barrel.