AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell the final 20% of the 2020 wheat crop at $5.77 basis March Chi wheat futures. This will complete 2020 wheat cash sales. Midday CBOT ag markets are mixed in moderate volume as corn/soybean futures hold in the green while wheat sags on fresh fund…
Midday CBOT ag markets are slightly higher with corn, soybeans and wheat trading in the green on continued Chinese demand of US soybeans. The USDA announced the sale of 318,000 MTs of US soybeans to China and 175,000 MTs of US soymeal to the Philippines. The volume of CBOT trade has been modest with few…
Midday CBOT ag markets are slightly lower with corn, soybeans and wheat futures easier following the USDA Weekly Export sales report. Traders did not want to sell into the potential for another week of large US soy/corn sales based on recent Chinese buying. ARC notes that soybean traders continue to secure breaks as they are…
CBOT ag markets are mixed at midday with soybeans recovering from a lower opening while corn/wheat futures leak lower in a correction. The volume of trade has been less than prior days with end users looking forward to the coming new crop corn/soybean harvest. Corn cutting is underway in NE, KS, and the Delta States…
New AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell the final 20% of the 2020 wheat crop at $5.77 basis March Chi wheat futures. This will complete 2020 wheat marketings. 2/ Soybean Producers: Sell another 10% of the 2020 US soybean crop at $9.63 basis March soybean futures. CBOT ag markets…
