AgResource Farm Marketing Advice for Thursday: 1/ Soybean Producers: The last 10% of the 2020 soybean crop was priced on a basis contract in late July, place an order to sell August soybean futures at $13.60 to finish the sale. 2/ Corn Producers: The last 10% of the 2020 corn crop was priced on a…
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AgResource Farm Marketing Advice for Thursday: 1/ No new advice. Whether it’s related to Climate Change or Mother Nature winning (it seems like its too easy for wind to blow down corn due to massively large root worm populations or reduced fertilization rates), world corn, wheat, and oilseed yields are stagnating. The chart reflects that…
Late Season Rain Continues Across Northern Plains/Upper Midwest; Atlantic Storm Activity Rising: The major forecasting models are in better agreement on the 10-day forecast. A pattern of showers will persist across IA, MN and WI into the weekend. Warmth and dryness lingers elsewhere, with max high temps in the 90s and low 100s impacting KS,…
Cash Wheat Rally Pauses; Spot US SRW Highly Competitive in World Market: EU and Black cash wheat markets have paused at multi-year high prices. There’s talk that the coming massive rise in exporters’ tax burden which has some Russian farmers selling ahead of the increase. The cash wheat market in Europe is steady, but Paris…
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