Soybean Futures Down 20 Cents on Week Amid Improved South American Weather; Wheat Rallies on Limited Deliverable Supply; Mixed Close Expected

** It is another dull trading session with CBOT values mixed at midday. The volume of trade remains subdued with traders awaiting the expiration of December options. Corn values are holding around unchanged with soybeans slightly lower while wheat futures are higher. ARC looks for a mixed close with all eyes watching whether US Deputies…

Chop/Chop – Traders Await US/China Trade News & US Corn Harvest Progress on Monday; Central US Weather looks Drier/Colder in December

** CBOT values are mixed at midday with corn firm, while soybeans and wheat are weaker. It is a reversal of yesterday’s trend. The CBOT is lacking direction and we expect this chop/chop to persist into the US holiday next week. Few traders are interested in raising their risk profile amid existing trade and political…

US/China Trade Worry Pushes Corn Lower While Soybeans/Wheat try to Hold Meager Gains; Russian Wheat Seeding Record Large for 2020

** CBOT values are mixed at midday. Soy futures are holding firm while the grains ease in low volume. The market is adrift with headlines directing daily price direction. Today’s headlines relate to the US/China trade war and that US President Trump is willing to place additional tariffs on China if there is no Phase…

Tuesday CBOT Bounce on Renewed US Export Competitiveness and Modest Fund Short Covering; No Change in South American Weather

** It’s a different day and a different market. CBOT futures are bouncing with corn, soybeans and wheat futures higher at midday. The increased US export competitiveness in world grain trade has offered support along with end user buying for Q1. US President Trump stated that he is very happy with the state of US/China…

CBOT Summer Row Crops Sink on Chinese Phase 1 Trade Pessimism; Exporter Talk that Additional Cargoes are Slow to Unload in Chinese Ports

** US/China trade talk worry was reported by CNBC around 7:00 AM CST that turned the headline readers “sellers” after the 8:30 AM CST opening. The news was that Beijing had turned pessimistic on a Phase 1 Trade deal due to US President Trump’s reluctance to roll back Chinese tariffs. China claims that such tariff…