AgResource Midday Commentary: CBOT Mixed at Midday as Argentine Weather Forecast Goes Wetter and Traders Debate Thursday’s USDA Report
CBOT ag futures are mixed at slightly higher at midday with early weakness unable to show any follow thru technical selling. Wheat has traded both sides but with Egypt/Turkey in the world market, the early CBOT break uncovered commercial buying. The index fund roll starts at the close and traders will be watching for any…