Sunday AG Report
Historic cold attacks the Great Plains while a wet pattern settles over Europe.
U.S. Week 2-4 Outlook
The U.S. week 2-4 outlook loses the extreme cold of early March but remains largely cooler than normal.
Trump Calls for China To Lower Ag Tariffs; Managed Money in Sizable CBOT Short Heading into Spring
** AgResource Pre-Opening Sunday Calls: Soybeans 2-4 cents higher, corn 1-2 cents higher with wheat called 1-3 cents higher. ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are higher. News late Friday had the Trump Administration asking China to remove their retaliatory tariffs on US ag products based on trade talk…
Weekend Commodity Wrap Up, March 2
Commodity Index The CCI/CRB index closed lower on the week amid mixed messages for the US/China trade talks and the world economy. Excluding livestock. other US ag futures closed lower amid liquidation into the end of the month. March started with rallies in the grains, but its coming trade talks between the US and China…
Funds Pile into CBOT Shorts on Aggressive Morning Selling; Optimism Bubbles For A US/China Trade Deal
** US/China trade optimism is supporting a US stock market rally, but it appears that CBOT traders want to see “dry ink” on any agreement before they will believe that China will secure $50 Bil of US ag products annually! Traders report to ARC that they are worn out by months of trade…
