AgResource Mid-Day Commentary; Wheat Soars on US Export Opportunity to Saudi Arabia; China Buying Ukraine Corn & Aussie Wheat; Russia/Ukraine Conflict?

Wheat/corn futures are pacing the AM CBOT rally with the talk growing that the Saudi tender for April-June wheat could include US HRW from the Gulf. And corn futures are higher on cash reports that China is back securing Ukraine corn and Aussie wheat, while drought fears for Southern Brazil and Argentina are noted in…

AgResource Morning Commentary; Concern Over Omicron Waning Helping to Return Risk Taking; Saudi Arabia Back for Wheat on Price Break; United Airlines Flies on Biofuel

AgResource Farm Marketing Advice for Thursday: 1/ Wheat Producers: Sell 25% of the 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 up 7.75 cents at $12.36, Mar corn is up 6.50 cents at $5.78 and Mar Chi…