Lack of Potent Storm System for Dry Areas of the Midwest Next 10 Days Starts CBOT Steady/Higher; Extreme Heat Abates with Coolness into Sept 14th

AgResource Pre-Opening Sunday Market Calls Are: Soybeans 3-5 cents higher, corn 1-2 cents higher, with wheat called steady to 2 cents higher. Weekend Weather & CBOT Market Discussion: Opening week calls are steady to higher on the lack of a potent storm system that will produce a needed soaking rain for the dry areas of…

CBOT Called Weaker on Improving Central US Rain Chances from Tropical Storms & Large Fund Long in Soy Complex Ahead of Harvest

AgResource Pre-Opening Sunday Market Calls Are: Soybeans 2-4 cents lower, corn down 1-2 cents, with wheat called 1-3 cents lower. Weekend Weather & CBOT Market Discussion: Opening week price calls are slightly lower on the prospect for rain across the Central US later this week and next weekend. The forecast models agree that the remains…

CBOT Called Slightly Higher on Continued Dry/Cool Midwest Weather Trend; US/China Meeting Not Held as Both Sides Stay in Close Contact Each Week

AgResource Pre-Opening Sunday Market Calls: Soybeans 2-4 cents higher, corn and wheat 1-2 cents higher. Weekend Weather & CBOT Market Discussion: Opening week price calls are higher on the continued coolish/dry weather across the Central US. The forecast has a few lite rains, but totals stay below normal in a broad Ridge/Trough pattern. The key…

Rainfall for the Dry Areas of the Midwest To Pressure CBOT Ahead of August Crop Report on Wednesday

AgResource Pre-Opening Sunday Market Calls: Soybeans 2-4 cents lower, corn 1-2 cents lower with wheat called 2-3 cents lower. Weekend Weather & CBOT Market Discussion: Opening week price calls are lower on the wet weather forecast for dry areas of the Midwest. The attached map highlights the QPF 7-day rainfall forecast for the period ending…

CBOT Call Steady to Slightly Lower on OK Weather; There is a Need for IA/SE Minnesota Rain; China Demand Uncertain?

AgResource Pre-Opening Sunday Market Calls: Soybeans steady to 2 cents lower, corn steady to 1 cent lower with wheat called 1-2 cents lower. Weekend Weather & CBOT Market Discussion: Opening week price calls are steady to slightly lower. The attached map highlights 7-day rainfall for the period ending August 2nd. Notice that the E Plains,…