** AgResource Pre-Opening Sunday Calls: Soybeans 1-3 cents higher, corn 2-5 cents higher with wheat called 1-2 cents higher. ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are higher on continued cold/wet weather for the Central US into early June. The US/China trade talks stalled on Friday and it will…
Excessive rains worsen U.S. flooding; Europe also stays wet.
The relentless wet weather pattern in the Central U.S. is likely to continue while excessive heat risk increases in the Southeast.
A late season freeze followed by more severe weather and flooding rainfall ahead for the Great Plains this week.
Commodity Index The CRB/CCI Index opened the week at a 2-year low and recovered on the late week rally in energy and grain markets. A higher CRB close in the week ahead will confirm a seasonal and annual lows. The US dollar rallied on a stall in the US/China trade negotiations. The Chinese Yuan declined…
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