AgResource Mid-Day Commentary; Wheat Soars on US Export Opportunity to Saudi Arabia; China Buying Ukraine Corn & Aussie Wheat; Russia/Ukraine Conflict?
Wheat/corn futures are pacing the AM CBOT rally with the talk growing that the Saudi tender for April-June wheat could include US HRW from the Gulf. And corn futures are higher on cash reports that China is back securing Ukraine corn and Aussie wheat, while drought fears for Southern Brazil and Argentina are noted in…