OPEC/Russia Reaches Oil Deal WTI To Rally $2-4/barrel; Central US Weather Improves for Planting; China Secures US HRW Wheat; Steady To Lower CBOT Calls

AgResource Pre-Opening Sunday Calls: Soybeans 1-3 cents lower, corn and wheat are called steady to 2 cents lower. Weekend Weather & CBOT Market Discussion: Happy Easter! Opening CBOT price calls are steady to lower. CBOT grain fundamentals are bearish amid slowing US ethanol production and building uncertainty for the US meat packing industry. On Friday,…

Easier CBOT Calls to Start a Holiday Shortened Week; Covid-19 Infection Rates Rapidly Rising; Russian/OPEC Delay Talks to Cut Oil Production

AgResource Pre-Opening Sunday Calls: Soybeans 1-3 cents lower, corn 1-2 cents lower with wheat called 1-3 cents lower. Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are slightly lower. Risk off is the theme amid the rapidly slowing US/world economy and uncertainty over when the Covid-19 pandemic will stabilize? In the past…

Virus Fears Flame Across Globe; Russia/Saudi Won’t Back Down on Oil Fight; US Bio Fuel Producers Suffer; NASS Report Due Tuesday

AgResource Pre-Opening Sunday Calls: Soybeans 2-4 cents lower, corn 1-2 cents lower with wheat called 1-3 cents lower. Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are slightly lower. The NASS March 1st Stocks/Seeding report looms Tuesday morning and in this environment of diminished CBOT volume, a sizable market reaction is expected.…

CBOT Called Lower to Start a New Week as US/Global Covid-19 Infections/Deaths Dramatically Expand; US Equity Markets to Deepen Their Fall

AgResource Pre-Opening Sunday Calls: Soybeans 2-5 cents lower, corn 1-2 cents lower with wheat called 1-3 cents lower. Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are lower. The US DOW closed with nearly a 1,000-point loss on Friday while the S&P 500 Index settled the week below the 2018 December low…

US/ World on Covid-19 Lock-Down Amid its Quickening Spread; Risk off the Feature On the Worry that the Panic Could Last For Weeks

AgResource Pre-Opening Sunday Calls: Soybeans steady to 2 cents lower, corn steady to 1 cent lower with wheat called steady to 2 cents lower. Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are steady to slightly lower. Although the US stock market rallied to near record gains on Friday, the ongoing US/global…