Wheat Uncovers Fund Selling at Midday; Commercials Doubt China Soybean Purchase; IA/IL Weather Forecast Wetter
CBOT values are mixed to mostly lower with wheat leading the bearish charge. The increase in the 2020 Russian crop size has deflated the bull’s enthusiasm with funds back to their selling ways. Soybeans tried to bounce, but commercial traders argue that this morning’s old crop sale to an unknown destination was not to China…