AgResource Sunday Commentary; CBOT Called Mixed to Slightly Higher on Argentine Heat/Dryness; Other Fresh News Lacking

All Members, Sunday Commentary

Sunday Pre-Opening CBOT Calls Are: Soybeans 1-3 cents higher, corn .50 to 1.5 cents higher with wheat called 1 cent lower to 2 cents higher. AgResource Week Ahead Weather and Market Discussion: CBOT futures are called mixed to slightly higher on the continuation of drier than normal weather across Argentine crop areas into March. The…

This Week’s US Soybean Export Inspections Could Be 850,000 MT And Will Decline Sharply in Coming Weeks.

AgResource Plus

Summary:  Next week’s soybean export inspections could be 850,000 MT (31 MBU).  That would be down 46% from the previous week. This week’s US soybean ship lineup is estimated to be 322,000 MT (12 MBU), down 46% from the previous week and a 33-week low. There were 32 vessels to-be-nominated (TBN), unchanged from the previous week.  USDA left their…