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 Mid-Day Commentary: Markets Plunge on Macro Fears; EPA Misses Deadline; South Am Weather Concerning

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…

AgResource Mid-Day Commentary: Markets Slide on Aussie Production Estimates; Midday GFS Maintains Dryness in Arg/S Brazil

AgResource Farm Marketing Advice for Monday: 1/ No new advice.   CBT ag markets are weaker again at midday as liquidation persists amid a sharply rally in the US dollar. Crude and gasoline futures remain firm but are well off session highs, and otherwise liquidation has been spread across the global commodity sector. Renewed concerns…