AgResource Midday Commentary: Wheat Sags on Renewed Spec Selling; Russian Wheat Crop Update – Low Protein Abounds; Cash Soyoil Basis Firms
Midday CBOT futures are mixed to lower as wheat sags on renewed fund selling. Corn futures are following wheat downwards while soy futures trade on either side of unchanged. Longer term support is offered below $5.00 December corn futures with November soybeans having like support below $13.20. Oil share spreading interest has returned with soyoil…