AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to…
AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to…
** Midday CBOT grain trade is weaker as funds return to sell soybeans and corn. The wheat market appears to be sinking in sympathy. The USDA December report did not offer any bullish inspiration and CBOT values are softening on the fear that US President Trump will either apply a new round of tariffs or…
AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop. 2/ Corn Producers: Sell 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to…
CBOT futures are mixed at midday with the WASDE December report out tomorrow. The soybean market has held firm on rumored China demand while grain rallies are capped by large world crops and an expected cut in US 2019/20 corn exports. ARC looks for a mixed close (soybeans firm, grains lower) with all eyes on whether…
