AgResource Midday Commentary: Markets Relax, Prep For NASS Data; EU Balance Sheer Released in Error this AM; US Dollar Testing Mid-March Low

AgResource Farm Marketing Advice for Thursday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if May Chi wheat reaches $8.02. CBOT ag markets are steady to lower midday as the complexity of markets – changing Russian policies, less than ideal weather in the US and abnormally strong interior basis levels – take…

AgResource Midday Commentary: Markets Stay Firm but Drop From Session Highs; Ethanol Data Uneventful; US Gasoline Demand Rising

AgResource Farm Marketing Advice for Wednesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if May Chi wheat reaches $8.02. CBOT ag markets are firm but off session highs at midday. May CBOT wheat tested multi-week highs early but failed to find follow though above $7.30, while May CBOT was unable to…

AgResource Midday Commentary: Grains Struggle at Chart Resistance; Soybeans Break Through 200-Day Moving Average; Snow Added to Nebraska

AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if May Chi wheat reaches $8.02. Global grain futures are mixed at midday, as CBOT corn and wheat in the US and Europe collide with chart-based resistance, while the soy complex continues its recovery from last week’s lows.…

AgResource Midday Commentary: Market Rally on Black Sea Uncertainty, Fund Short Covering; Additional Heavy Snow Possible in Northern Plains Next 10 Days

AgResource Farm Marketing Advice for Monday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if May Chi wheat reaches $8.02. Global ag markets have shrugged AM weakness and are trading higher by varying degrees. Wheat has paced the advance on a percentage basis as speculative short covering accelerates – amid rising Black…