AgResource Midday Commentary: Wheat Leads CBOT Rally; Dryness in Canada, Eastern Russia Need Monitoring; NOPA Soy Crush Record for April but Shy of Expectation
AgResource Farm Marketing Advice for Monday: 1/ No new advice. CBOT ag markets are sharply higher at midday as the rest of the world fully digests bullish USDA wheat data, and as South America’s cash soy market – which had been the bearish lynchpin in March and April – is shifting rapidly. Corn is following.…