Category Archives: Midday Commentary

Corn Soars on US Production Data; Soy Fundamentals Bearish

AgResource Farm Marketing Advice for Tuesday: 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.                    June…

Soy Rallies on Weekly Shipments; Grains Flat

AgResource Farm Marketing Advice for Monday: 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.                    The…

Markets Dull, Weak at Midday

AgResource Farm Marketing Advice for Friday: 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.                    The…

Markets Reverse Overnight Losses; GFS Still Wet

AgResource Farm Marketing Advice for Thursday: 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.                    General…

Markets Stay Weak at Midday; Confidence in Wet GFS Forecast Low

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.     …