Sunday Commentary

Firm CBOT Start in a Market Lacking Fresh News

Mar 19, 2:40 pm | Sunday Commentary

** AgResource Pre Opening Sunday CBOT Market Calls: Soybeans steady to 2 cents higher, corn steady to 1 cent higher with wheat called 1-2 cents higher.       ** Sunday Weather & Market Comment Discussion: Pre-opening weekly CBOT grain calls are mixed to slightly higher. With cash connected hedge pressure lacking in the initial CBOT trade and the CFTC Commitment of Trader’s report showing larger than expected long liquidation, we expect a steady to slightly better start. The volume of trade is expected to be curtailed by a lack of fresh news   Traders and producers are waiting for the all-important USDA March Stocks & Seeding report on the 31st. That key report is just 9 trading days away, and its…

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