Soybeans Bounce on Large Fund Short Position and Wet Northern Brazilian Weather Forecast: USDA Outlook Forum Starts Thursday AM

Midday New Speculate Advice Update:                                    1/ Take profits on 1 April Hog at $67.30 or    better.                                    2/ Take profits on 1 June Hog at $83.40 or better.                                     3/ Take profits on 1 April Cattle at $120.60…

Grains Sag While Soybeans Rise as Traders Prepare for China Ag Market Opening Next Week; US Export Sales Supportive

CBOT ag futures are mixed at midday. The CBOT has lacked volume as traders try to understand the demand risk of China’s coronavirus against its pledge to open its markets and secure US ag goods as early as next week. Marco financial markets have recovered from overnight selling as the depth and length of China’s…