WASDE Takes the Feeble Approach in Raising Demand;Leaves Hard Choices to the May 12th Report; Market Turns it Attention to Cash Premiums & Weather

All Members, Midday Commentary

The USDA April Crop Report was broadly neutral to positive for CBOT futures with prices mixed at midday. Amid tightening US and world grain stocks, it appears that everything will be a process for USDA amid the uncertainty of them trying to decipher when demand rationing starts? The grains are higher while soy futures are…

WASDE April Crop Report Due Out at 11 AM CT; Brazilian Winter Corn Area Stays Arid Next 10 Days; China Rumors for US HRW Wheat Persist

All Members, Morning Commentary

AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 AM CT CBT Prices: May soybeans are unchanged at $14.1525, May corn is up 2.00 cents at $5.8175 while May Chi wheat is up 4.00 cents at $6.3275. AgResource Morning Grain/Soy Comment & Analysis: Good Morning and Welcome to the April USDA Crop Report…