U.S. Medium-range Forecast: Northern warmth in the medium-range shifts to the Central U.S in the extended-range.

Chart of the day: Cooling northern waters lead to cooler U.S./Europe May climate. Discussion: The blue hatched area (above) identifies a much cooler change in the SSTA pattern correlating to a cooler atmosphere and attendant heat-suppressing effect on the U.S. May 2021 climate and historical chill (and rainy) impact on Europe. Medium-range 6-10 Day Forecast…

CBT Mixed With Soy Weaker While the Grains Firm; Market Awaits Weekly FAS Export Sales Report; US/China Hold Trade Talks Under Biden

AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CT CBT Prices: July soybeans are down 6.75 cents at $14.965, July corn is up 1.00 cent at $6.25 and July Chi wheat is up 7.00 cents at $6.555. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT futures are mixed awaiting the…