AgResource Morning Commentary; CBOT Sags Unable to Build on Monday’s Rally; Brazilian Export Premiums Drop with Soybeans $.75/Bu Cheaper than Gulf; Egypt’s GASC for Wheat

AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.02.                         6:30 AM CT CBOT Prices: March soybeans are down 6.50 cents at $15.295, March corn is down 1.75 cents at $6.82 with Mar Chi wheat down 7.75 cents at $7.4475 AgResource AM…

Brazil’s Weekly Soybean Exports Were 227.000 MT With Annual Export Expected to Be 77.5-78.0 MMT. New-Crop Lineup Is Already 7.48 MMT.

Summary: Brazil shipped just 227,000 MT of soybeans this past week (Jan 27). That was up 96,000 MT from the previous week. There were no Argentine exports last week.   US exports were 1.855 MMT. The lineup indicates that Brazil’s January shipments could be 1.29 MMT.  Total Brazilian export commitments are 77.84 MMT, the 4th  highest for…