AgResource Wheat Comment and Analysis
** US Wheat Soars on Fund Buying; Global Cash Market Little Changed: CBOT wheat futures rallied 20-24 cents, the largest single-day rally since July! The catalyst was ABARES further cutting its Aussie production estimate to 15.2 MMTs vs. 15.9 MMTs, previously. And China will begin accepting application for duty waivers on March 2nd. Also circulating…