AgResource Sunday Commentary; CBOT Called Higher waiting on Argentine Presidential Election Results. A Massa win is bullish and Milei Win is Bearish the CBOT on Differing Ag Export Tax Positions
Sunday Pre-Opening CBOT Calls Are: Soybeans 5-12 cents higher, corn and wheat 2-5 cents higher. Calls are prior the results of the ’23 Argentine election. ARC offers that if Massa wins the Argentine presidency, the higher calls were persist, while if Milei wins, opening calls will shift to lower on the potential ending of Argentine…