** AgResource General CBOT Comment: Midday values are mixed as wheat values continue to push to lower lows as the US needs to compete in world trade amid a reduced demand for feedstuffs (due to the larger US corn seedings). Soybeans & corn initially followed the wheat decline with December corn futures testing the $4.20…
** AgResource General CBOT Comment: Midday values are lower on fund selling and more aggressive cash selling of stored supply by farmers. The downside CBOT price leader has been wheat as the Plains harvest advances with big yields being reported. Corn had been the only bullish stalwart for the CBOT since May, and although US…
** AgResource USDA June Seeding and Stocks Analysis:  June 1st US Stocks:               USDA      Trade Estimate Difference  2018                         —————– Mils of Bushels ——————-                 Corn –        5,202         5,330         -128      5,305                 Soybeans –    1,790     1,872     -82     …
** AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 10% of the estimated 2020 corn crop at $4.19 and 10% at $4.23. This would push sales of the 2020 US corn crop to 60%. ** Filled selling 10% at $4.19. Â 2/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and…
** AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 20% of the estimated 2020 corn crop at $4.23. This would push sales of the 2020 US corn crop to 60%.  2/ Corn Producers: Sell 20% of the 2021 corn crop at $4.24 and 20% at $4.29 basis Dec 2021 corn futures.  3/…
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