AgResource Farm Marketing Advice for Wednesday: 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%. 2/ Diesel/Gasoline Coverage: AgResource advises farm clients to cover future 6-month fuel needs in the cash market at current values. January crude oil below…
An area of dry climate expected from northeast Argentina to southeast Brazil in December.
Meteorological winter arrives roaring like a lion…cold and snow!
Charts of the day: Another week of heavy rains across East Australia. Discussion: Last week featured widespread moderate to heavy rainfall. The last week of November was the wettest of the recent pattern. Week-2 Ahead Forecast valid December 5-11, 2021: More heavy rain zones. Discussion: The wet weather pattern continues! GFS indicates potential heavy rainfall…
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice.  Global ag, financial and other raw material markets are sharply lower at midday as the overnight’s ‘get me out’ mentality spreads and intensifies. The Dow is down 600 points, with spot WTI crude down $4.30 per barrel at $65.60. Renewed uncertainty over global consumption/travel…
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