CBOT Mixed As FAS Fails To Report China Wheat Purchase; US Corn/Soy Conditions to Fall 2-3% in GD/EX Category; Less Rain for W Midwest in Midday Run

CBOT ag markets are mixed at midday on Monday. Wheat futures traded lower following the forecast for rain across Argentina and reports that frost did not produce much damage to developing E Australian or S Brazilian wheat crops. The weakness in US wheat futures pulled corn off its high, but few traders want to be…

Markets Lack Enthusiasm Ahead of Weekend; Midwest Forecast Stays Wet in Late August

AgResource Farm Marketing Advice for Friday: 1/ No new advice. CBOT ag markets are flat in low volume with neither the bears nor bulls willing to press their respective cases ahead of the weekend. Sunday night’s Central US forecast will be critical in determining wheat US row crop yield stabilize following recent/upcoming dryness. Model guidance…

CBOT Weaker Following US Corn Sale to China; Midday Central US Weather Forecast Drier; Pro Farmer Tour To Survey IA on Wednesday

CBOT futures are mixed at midday with the grains weaker while soybean futures  mixed with bear spreading noted. The CBOT has a weak tone with easing world wheat fob values noted in the Black Sea which is pulling CBOT futures downward. The wheat market has been the market leader of the past several days. CBOT…