** AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Soybean Producers: Hedge 10% of the 2020 soybean crop at $9.64 basis November 2020 futures. 3/ Soybean Producers: Hedge 20% of 2021…
Summary: For the period Sep 21-Sep 27, the ship lineup shows that Brazil exported 1.29 MMT of corn. That is 110,000 MT less than the previous week but it is 343,000 MT more than what was shipped a year ago. Last week, Argentina exported 663,000 MT and the US exported 399,736 MT. As of…
The U.S. medium-range forecast trends warmer.
A stalled MJO pattern in the tropical Atlantic lends support to a wetter South America forecast.
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