ARC Mid-Day Commentary; Liquidation Pummels CBOT on Charts/Parana Rain; Downside Price Targets Close in Corn, KC wheat and Soyoil; New Ag Inflows in 2022?

All Members, Midday Commentary

CBOT grain futures are sharply lower at midday with soybeans/soyoil leading the decline on liquidation tied the overnight rain that fell across portions of Parana and Mato Grosso Do Sul – with the forecast offering additional showers during the last half of next week. The CBOT is extracting weather premium in a correction. The CBOT…

Climate Impact Report: Medium-range Forecast Identifies Impact of Arctic Air

Climate Impact

Highlight: Arctic air in the North America pattern is extremely difficult to erode. Climate Signals Chart   Days 6-10 Days 11-15 Arctic Oscillation Neutral Neutral North Atlantic Oscillation Positive Weak Positive Pacific North America Negative Weak Negative West Pacific Oscillation Strong Negative Negative East Pacific Oscillation Neutral Neutral Madden Julian Oscillation East Pacific East Pacific…

AgResource Morning Commentary; Rain For Parana/MGDS Overnight Pressures CBOT; Overall South American Weather Pattern Static; China Offers Wheat Millers Supply

All Members, Morning Commentary

AgResource Farm Marketing Advice for Thursday: 1/ Wheat Producers: Sell 25% of 2021 wheat crop if March Chi wheat reaches $8.80. This would push 2021 cash wheat sales to 75%. 6:30 AM CT CBT Prices: Mar soybeans are down 13.25 cents at $13.55, Mar corn is down 3.50 cents at $6.0175 and Mar Chi wheat…