CBOT Higher on China Demand for 10-20 Cargoes of US Soybeans; Midday GFS has 32 degrees into N Plains and Upper Midwest

** AgResource Midday Comment and Analysis: CBOT values are in the green at midday with corn, soybeans and wheat all higher. The volume of trade has been rather meager in corn, but better than expected in soybeans. CBOT soybean futures have led the rally amid rumors that China is asking for offers for US soybeans…

Lackluster CBOT Offers No Defined Trend; US Weekly Export Sales Strong for Corn/Soybeans; Central US Weather Warm/Wet into October

** AgResource Midday Comment and Analysis: Sideways and dull has been the CBOT with corn, soybeans and wheat trading either side of unchanged. CBOT grain values appear to have reached a level of value until fresh fundamental news is available. Few traders want to expand their risk and US farmers are not willing to sell…

Wheat Rises above 50 Day Moving Average Triggering Buying in Corn and Wheat; Midday Forecast Unavailable on Computer Disruption

** AgResource Midday Comment and Analysis: Midday CBOT markets are mixed with corn/wheat futures firm, while the soy complex sags amid the fear of reduced SE Asian soybean and soymeal demand. The volume of trade has been extremely slow with fresh news lacking. Wheat rallied on chart-based buying as Chi wheat rallied above its 50-day…

CBOT Extends Correction; Saudi Oil Output Back to Normal in 2-3 Weeks

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/ Soybean Producers: Hedge 10% of the 2020 soybean crop at $9.64 basis November 2020 futures.  3/ Soybean Producers: Hedge 20% of 2021…