CBT Called Sharply Higher in New Week on Threatennig Northern Plains/Northern Midwest Weather; EU Model Long Range Forecast Released

AgResource Pre Opening Sunday CBOT Calls Are; Soybeans 18-25 cents higher, corn 12-18 cents higher and wheat 9-15 cents higher with Minneapolis leading. Sunday Weather and CBOT Market Discussion: Opening week CBT calls are sharply higher on a deepening concern for drought across the N Plains and the northern half of the Midwest. The graphic…

CBT Called Sharply Higher on Heat/Dryness For N Plains/N Midwest; Brazilian Weather Arid for Winter Corn; China Weather Concern Building

AgResource Pre Opening Holiday CBOT Calls Are; Soybeans 12-18 cents higher, corn 6-9 cents higher and wheat 4-7 cents higher with Minneapolis leading. Holiday Weather and CBOT Market Discussion: Happy Memorial Day – Honor those that served and died for our Freedom. Opening week CBT calls are sharply higher on a deepening concern for drought…

CBT Called Weaker on Favorable Central US Weather Forecast & Rain for Winter Brazilian Corn Areas; Egypt’s GASC Tenders for AugustWheat

AgResource Pre Opening Sunday CBOT Calls Are; Soybeans 1-4 cents lower with corn/wheat called steady to 2 cents lower. Weekend Weather and CBOT Market Discussion: Opening week calls are steady to slightly lower. Mostly favorable Central US weather is seen as slightly bearish, but traders well understand that a long growing season lies ahead and…

CBT Called Weaker on Follow Thru; China Active in Securing World Corn Tonnage Estimates Rise; Brazilian Corn Crop Continues to Suffer Under Drought

AgResource Pre Opening Sunday CBOT Calls Are; Soybeans 2 cents lower to 2 cents higher, with corn/wheat 1-2 cents lower. Weekend Weather and CBOT Market Discussion: Opening week calls are mixed to slightly lower in the grains on the technical lashing that the CBT grains endured late last week. The chart-based position of the CBT…

CBT Called Slightly Lower on Better Weekend Rain Across Iowa/Illinois; Forecast Shows No Pattern Change into May 20th; Brazilian Drought Historic

AgResource Pre Opening Sunday CBOT Calls Are; Soybeans 3-5 cents lower with corn/wheat 2-4 cents lower. Weekend Weather and CBOT Market Discussion: Happy Mother’s Day! Opening week  calls are slightly lower on the better-than-expected weekend rainfall across the NW Midwest. The rains may spark some early week profit taking ahead of Wednesday’s USDA’s May Crop…