AgResource Farm Marketing Advice for Tuesday: 1/ Soybean Producers: Sell 20% of the 2023 soybean crop if March futures reach $14.19. This would push 2023 sales to 60%. Corn futures continue to lag, but CBOT soybean/wheat futures are higher at midday. Soybeans/soyoil continue to pace the rally on worrisome Brazilian weather and declining crop prospects.…
CBOT futures are weaker at midday with corn/wheat futures pushing to new contract lows. Fresh news is lacking for the drop, but the breaking of contract lows in the grains ahead of 1st notice day triggered resting sell stops. Wheat and corn futures sit at multiyear lows. The US wheat drop followed the fall in…
CBOT futures are mixed at midday wheat/soybeans lower while corn and soymeal try to hold in the green. The momentum trading (algo) systems have provided all the selling fireworks in thin holiday volume. Active volume of trade can be found in January soyoil, January soybeans and March corn futures. There has been active corn/soybean spread…
Happy Thanksgiving! AgResource will return on Friday AM with comments/analysis before the 8:30 AM CT CBOT opening.   CBOT noon ag futures are mixed with the grains higher and soybeans lower. The volume of trade is holiday reduced with the big news being that the OPEC+ quarterly meeting that was planned for the weekend was postponed…
CBOT grain futures are higher at midday with corn, wheat and soybean gaining on chart-based buying amid economic stability worry across Argentina and falling crop ideas in Brazil. Declining Brazilian corn/soy crop estimates underpins the CBOT on breaks. And December soyoil futures have pushed above the neckline of a head-and-shoulders bottom which sets a target…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
