Category Archives: Morning Commentary

AgResource Morning Commentary; CBOT Weaker in a Correction of Friday’s Gain; WASDE Raises China Soybean Imports to a Record 105 MMTs; Malaysian Palmoil Stocks Decline to 7 Month Low

AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 AM CT CBOT Prices: May soybeans are down 3.50 cents at $11.805, May corn is down 2.75 cents at $4.37, and May Chi wheat is unchanged at $5.3775. AgResource AM Grain/Oilseed Analysis: Good Morning! CBOT grain futures are slightly lower with corn/soymeal the downside…

AgResource Morning Commentary; USDA March Report Awaited at 11 AM CT; US Dollar in Focus by Hedge Funds; Chicago Wheat Waiting on Additional China Purchase Cancelations

AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 AM CT CBOT Prices: May soybeans are down 1.00 cent at $11.6525, May corn is down 3.50 cents at $4.345, and May Chi wheat is up 3.25 cents at $5.3125. AgResource AM Grain/Oilseed Analysis: Good Morning and welcome to a USDA Report Day! The…

AgResource Morning Commentary; Russian Wheat fob Offers To GASC Higher Than Expected; China Jan-February Soybean Imports at 5 Year Low; Corn Above its 20 Day Moving Average

AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CT CBOT Prices: May soybeans are up 9.00 cents at $11.575, May corn is up 6.75 cents at $4.3525, and May Chi wheat is up 5.25 cents at $5.3625. AgResource AM Grain/Oilseed Analysis: Good Morning! CBOT futures are higher with corn reaching above…

AgResource Morning Commentary; Palmoil Futures Bust out of Trading Range and Rally to 7 Month High; Russian fob Wheat Price Sags to $198/MT; USDA March Report Due Friday

AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 AM CT CBOT Prices: May soybeans are down 1.0 cent at $11.48, May corn is unchanged at $4.2625 and May Chi wheat is down 5.00 cents at $5.46. AgResource AM Grain/Oilseed Analysis: Good Morning! It’s a mixed morning at the CBOT with wheat sagging…

AgResource Morning Commentary: Turnaround Tuesday in Chicago; Wheat Paces Correction

AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. 6:30 AM CT CBOT Prices: May soybeans are down 6.5 cents at $11.485, May corn is down 1.75 cents at $4.2825 and May Chi wheat is down 7.0 cents at $5.57. Good Morning! It’s Turnaround Tuesday at the CBOT, with wheat pacing the correction as…