Early Week Call Steady to Lower as Fund Short Covering Slows in Soy/Corn; South American Weather Favorable

** AgResource Pre-Opening Calls: Soybeans 1-3 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 as fund short covering wanes and traders demand that China makes new purchases of US grain…

CBOT Called Steady/Firm on US/China Dialog; Chinese President Xi Confirms Pact is Good for China; Additional Argentine Rains Forecast

** AgResource Pre-Opening Calls: Soybeans 1-3 cents higher, corn steady to 1 cent higher with wheat called steady to 2 cents higher.   ** Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are steady to firm as Chinese President Xi confirmed that the US/China Phase 1 Deal benefits both the US and…

$40 Bil Annual US/China Phase 1 Deal to Lift CBOT; Argentina Decrees 5% Hike in Ag Export Taxes; Needed Rain for Northern Argentina

** AgResource Pre-Opening Calls: Soybeans 3-5 cents higher, corn steady to 1 cent higher with wheat called steady to 2 cents higher.   ** Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are higher as US farmers/traders cheer the Trump Administration’s Phase 1 Deal that demands that China secure at least $40…

USDA WASDE Report and US/China Trade In Focus This Week; Southern Argentina Dry into December 23rd with Rain North Next Weekend

** AgResource Pre-Opening Calls: Soybeans steady to 2 cents higher, corn steady to 1 cent higher with wheat called 1 cent lower to 1 cent higher.   ** Weekend Weather & CBOT Market Discussion: Opening week CBOT price calls are mixed to mostly higher in the soy complex. Friday’s soybean rally shifted its price trend…