AgResoure Holiday Commentary; CBOT Called Mixed to Higher; Central US Dryness to Worsen; Odessa Hit Again by Russia

Pre-Opening Sunday CBOT Calls: Soybeans 6-12 cents higher, corn 4-7 cents higher with wheat called 1-4 cents lower on harvest hedging. Opening week CBOT calls are mixed to higher. Crop threatening Central US weather and fresh missile attacks against the Port of Odessa will boost corn/soy futures in the holiday shortened week with corn being…

AgResoure Sunday Commentary; CBOT Called Higher on Central US Heat/Dryness Next 2 Weeks; EU Weather Risk Also Elevated; CBOT to Add Weather Premium to Price

Pre-Opening Sunday CBOT Calls: Soybeans 6-12 cents higher, corn 3-6 cents higher with wheat called 5-9 cents higher. Opening week CBOT calls are steady to higher.  The rest of the world will react to the June WASDE report due to their weekend starting as the report was released last Friday. Strong old crop cash markets…

ARC Sunday Commentary; Russian War Against Ukraine Intensifies; Key Ukraine Grain Export Facility Bombed; GFS/Canadian Models offer Central US Ridge

Pre Opening Sunday CBOT Calls: Soybeans 3-6 cents higher, corn 1-4 cents higher with wheat called 4-8 cents higher. Opening week CBOT calls are steady to higher. ARC delayed our Sunday report based on the high-pressure Ridging that has been shown this weekend on the US GFS model vs a less intense Ridge in the…

ARC Sunday Commentary; CBOT Called Mixed; Traders Await NASS Crop Progress Report for N Plains to Gauge Prevent Plant Acres; World Crops Shrinking

Pre Opening Sunday CBOT Calls: Soybeans 2-5 cents higher, corn 1 cent lower to 2 cents higher with wheat 4 cents lower to 2 cents higher. Opening week CBOT calls are mixed to slightly higher with fund managers looking to add to their risk profile in equity and commodity markets. China is reopening following weeks…

ARC Sunday Commentary; CBOT Called Steady/Firm as Russia Rejects Ukraine Grain Export Corridors; China, EU, Brazil Suffer with Worsening Drought

AgResource Pre Opening Sunday CBOT Calls: Soybeans 1-4 cents higher, corn steady to 2 cents higher with wheat called 2-6 cents higher. Opening week CBOT calls are steady to slightly higher with US wheat futures to pace this week’s advance. Ukraine has ruled out a cease fire and territorial concessions to Russia with fighting stepped…