KC and Paris Wheat Futures Score new Contract Highs; Brazilian Real Weakens on Political Worry; Daily US Soybean Sales to China Lacking

CBT futures are mixed at midday with KC wheat futures pushing to new contract highs while soybeans sag on the weakness in soyoil. Corn is caught in between. Early CBT volume totals were active, but they have been sliding at midday as Europe/Asia head into their weekends. World wheat futures are the bullish stalwart while…

Energy Markets Fade on Warm US Winter Forecast; Ags Follow; Corn, Soy Export Demand Improves

AgResource Farm Marketing Advice for Thursday: 1/ No new advice. US and global ag markets have extended Wednesday night’s correction amid weakness in energy markets. NOAA’s updated Nov-Jan climate outlook this AM featured continued above-normal temps across the Southern US and East Coast, and odds are decent that this relative warmth will impact a majority…

AM Rally Fades on Lack of News; Rapeseed Markets Soar; Argentine Dryness to Persist

AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. Price action in Chicago and elsewhere has been mixed this morning, with oilseeds gaining on grains. ARC understands Chinese buying/pricing exists under the CBT soybean market and despite varying opinions on final 21/22 US soybeans exports, there’s no doubt that China remains the big short…