Markets Begin Recovery Process; New Crop Demand Responds to Competitive US Prices in Late August

AgResource Farm Marketing Advice for Thursday: Corn Users: Secure December of 2022 corn futures to cover 50% of corn feed needs at $5.01 The CBT’s emotional correction has paused, with wheat and soy oil leading today’s recovery as expected. ARC mentioned in this AM’s wire that wheat and soy price determination are far less centered…

CBT Nears Bottom as Market Discounts Gulf Nearby Export Losses; Hope that September Sales Will be Pushed Forward; Wheat Demand Strong

AgResource Farm Marketing Advice for Thursday: 1/ Corn Users: Secure March corn at $5.28 to cover 50% of your corn feed needs through the 1st quarter of 2022.  Filled   2/ Corn Users: Secure July corn at $5.33 to cover 50% of April-July corn feed needs of 2022 at $5.35. Filled   3/ Corn Users: Secure…