Option Related Selling Presses CBOT Corn/Wheat; USDA Forum Suggest that China will Import 25-35 MMTs of World Corn for Years to Come
March Option Expiration Today Produces Grain Futures Selling! CBOT grain futures are lower at midday which is tugging soybeans off their early opening highs as short March put holders sell futures to cover their risk. There was a flurry of buying on the opening, but as that new demand faded, grain futures fell on option…
US Soybean Export Inspections Could Fall to 30-Week Low Next Week.
Summary: Next week’s soybean export inspections could be 600,000 MT (22.0 Mil Bu). That would be down 26% from this past week and a 30-week low. This week’s ship lineup is 997,000 MT. That is down 9% from last week and also a 30-week low. There were  NO vessels to-be-nominated (TBN). That is the smallest number in…
WASDE Offers Up Bullish 2021/22 Corn, Soybean and Wheat Stock Estimates; Paris Wheat to New Contract High; South American Weather is Concerning
AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 AM CBOT Prices: March soybeans are up 4.25 cents at $13.8025, March corn is down 1.00 cent at $5.4925 while Mar Chi wheat is unchanged at $6.625. AgResource AM CBOT Comment & Analysis: Good Morning! CBOT futures are mixed this morning with soybean futures…
