CBOT Called Slightly Higher on China Demand Hope and Carry Over Chart Based Buying; Rally Unlikely To Last On Improved Long Range Weather

** AgResource Pre-Opening Sunday Calls: Soybeans 1-3 cents higher, corn and wheat 1-2 cents higher.  ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are slightly higher on the hope of confirmation that China is going to offer quotas for new US ag purchases and the disappointing rain to date across IL. Much…

CBOT Called Higher on Lack of Rain for IA/N IL; Adding to Weather Premium in Price with Potential Pattern Change in 11-15 Day Period

** AgResource Pre-Opening Sunday Calls: Soybeans 2-5 cents higher, corn 2-4 cents higher with wheat called 1-2 cents higher.  ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are firm on Friday’s strong technical close and the prospect for warm/dry weather across key areas of the Midwest – IA and W/N IL over…

CBOT Called Firm on Short’s Nervousness with Central US Weather Forecast: Tropical Storms and Diminished Rainfall

** AgResource Pre-Opening Sunday Calls: Soybeans 2-4 cents higher, corn 1-2 cents higher with wheat called steady to 2 cents higher.  ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are firm on the drier Central US weather forecast for the next 10-12 days. Following all the rain of May and June, the…

CBOT Called Higher on Weekend US/China Trade Truce; Rally Unlikely to Last on Favorable Central US Weather

** AgResource Pre-Opening Sunday Calls: Soybeans 2-4 cents higher, corn 1-2 cents higher with wheat called steady to 2 cents higher.  ** Weekend Weather & CBOT Market Discussion: Opening week CBOT calls are firm on the news that US President Trump & Chinese President Xi decided to call a ”trade-truce” with new negotiations/talks set to…