AgResource Midday Commentary: CBOT Correction Extended at Midday as GFS Features Drought-Busting Precip Accumulation; US Ethanol Production Stays Elevated
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. CBOT ag markets have extended overnight weakness as radar maps show lite rain working across northern MO and into IL, and as the midday GFS continues to add to 10-day cumulative precip. US ethanol production remains seasonally strong, and margins have soared following the break…