CBOT Unable to Recover on a lack of buying; December corn futures back to where rally started on June 30th; Midday Central US Forecast Less Hot with Rain

CBOT futures are lower at midday with corn, soybeans and wheat holding in the red. An early rally in wheat was not sustained with the summer row crops back pulling futures lower. Traders are loath to sell corn and soybeans more aggressively with a broad expectation that US corn/soy crop conditions will decline in the…

CBOT Corn/Soybeans Retreat on Less Threatening Central US Weather; GASC Tender Results Awaited; US Wheat Futures Firm Following Paris Futures

CBOT futures are mixed at midday with wheat firmer while corn/soybean futures trade either side of unchanged amid the ongoing debate over Central US weather? As has been the trend for weeks – the EU model has less rain than either the GFS, Canadian or the Ensemble models of the US or Canadian output. The…