AgResource Mid-Day Commentary; No US Wheat Offered to GASC; Midday GFS Slightly Wetter Across the W Midwest; US Gasoline Demand Stays Strong

Cash Pushes and July Futures Rising! July/December corn at $1.15 premium and July/November soybeans surpass $2.00 premium. CBOT futures are mixed at midday with soybean futures higher, corn lower while wheat trades either side of unchanged. The surprise has been the strength of July futures relative to the remainder of the board. ARC has commented…

AgResource Mid-Day Commentary; Weather Forecast Debate Ahead of USDA Report on Thursday; Cash Market Strength Shows no Sign of Relenting!

CBOT grain markets are mixed at midday with soybeans/soyoil firmer with corn and wheat futures weaker. Corn is showing the most weakness due to weekend rainfall across Illinois that produced some needed soil moisture with the midday forecast offering additional showers early next week for the Western and Southern third of the E Midwest. The…