Next Latam Newsletter to Be Published on Thursday, June 13
Dear subscriber, the next edition of the AgResource Latam Newsletter will be published on Thursday, June 13th.
Dear subscriber, the next edition of the AgResource Latam Newsletter will be published on Thursday, June 13th.
AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 20% of the estimated 2020 corn crop at $4.23. This would price 60% of the anticipated 2020 corn crop. 2/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and 20% at $4.29 basis Dec 2021 corn futures. This would price 60%…
US winter wheat futures rallied 6-10 cents, led by Chicago. Spring wheat rallies continue to struggle amid lofty crop ratings and a more favorable Northern Plains weather outlook. Heavy rainfall lies ahead for the far Southern Plains and Eastern Midwest this weekend. Soaking/flooding totals are not expected, but crop development and harvest will remain sluggish.…
CBOT corn futures ended 1-2 cents higher on additional unwanted rainfall due in the Eastern Midwest and amid positive weekly ethanol data. Key resistance at $4.54, Dec 19 continues. A close above this is needed for the next major move higher. ARC expects continued choppy trade between 4.05-4.40, basis spot. Export sale on Thursday will…
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