Soybean Upside Breakout Above $13.93 May; South American Weather Forecasts Concerning; Palmoil Futures Soar to Yearly High on Export Demand
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. 6:30 AM CBOT Prices: March soybeans are up 20.50 cents at $14.0425, March corn is up 3.50 cents at $5.545 while Mar Chi wheat is down 5.50 cents at $6.585. AgResource AM CBOT Comment & Analysis: Good Morning! Soybean futures surged above chart-based resistance ($13.93…