Sunday Commentary

Brazilian Political Woes vs Cool/Wet Midwest Weather

May 21, 2:46 pm | Sunday Commentary

** AgResource Pre Opening Sunday CBOT Market Calls: Soybeans 2 cents lower to 1 cent higher, corn 1 cent lower to 1 cent higher with wheat called steady to 2 cents higher.  ** Sunday Weather & Market Comment Discussion: Pre-opening CBOT grain calls are mixed. The week will start off with a market “fistfight” over cool/wet Central US weather and Brazilian political saga of Brazilian President Temer.  Over the weekend, Brazilian President Temer asked for the tape recordings to  ** April-May Rain Totals ** be validated in a combative Saturday national speech. However, the Brazilian Order of Lawyers (OAB) on Sunday voted 25 to 1 for an impeachment hearing for Temer in the lower house of Congress. The impeachment could…

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