AgResource Farm Marketing Advice for Wednesday: 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…
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…
AgResource Farm Marketing Advice for Monday: 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…
** Mixed has is the CBOT at midday with corn futures slightly lower while soybeans/wheat hold firm. November soybean futures have been the upside leader on Cargill’s stopping of November deliverable receipts which has narrowed the November-January soybean spread to a 12 cent January premium. Corn remains a laggard amid tepid US corn export sales…
** CBOT values are weaker at midday with the grains leading the decline. Wheat futures have fallen to its lowest level since October 11th with the corn market in tow. Dec Chi wheat fell below its 100-& 200-day moving average which spiked values lower for a short period of time on active fund selling. Whether…
