AgResource Sunday Commentary; CBOT Called Slightly Lower; US Weather Models Diverge on Argentine Rain Later this Week; US February Crop Report Thursday; Ag Fund Short Grows 42,000 Contracts Last Week
Sunday Pre-Opening CBOT Calls: Soybeans 1-3 cents lower, corn .5 to 1.5 cents lower with wheat called steady to 2 cents lower. AgResource Week Ahead Market Discussion: Opening week CBOT calls are steady to slightly lower via Friday’s bearish CBOT close on the charts with a few widely scattered showers noted on the weekend…