AgResource Midday Commentary; CBOT Liquidation Accelerates on March Deliveries and Chart Breakdowns; China Securing Brazilian Soybeans?; Turkey Buys 790,000 MTs of Black Sea Wheat

AgResource Farm Marketing Advice for Tuesday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if May Chi wheat reaches $8.02. CBOT corn, soybean and wheat futures are sharply lower as the 2nd shoe has dropped with technical/fund related occurring in soybeans/soymeal at midday. CBOT grain futures had dropped hard for the past…

AgResource Midday Commentary; Wheat/Corn Continue to Liquidate On Charts; Soybeans Follow via High Price; China Selling Back Soybeans to Argentina; 1st Notice Day on Tuesday

AgResource Farm Marketing Advice for Monday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.02. If filled, 2022 sales will be pushed to 60%. CBOT grain futures are sharpy lower to mixed at midday. Liquidation has been the 3 day theme in corn/wheat, while soybeans sag in…

AgResource Midday Commentary: Long Liquidation Ongoing in the Grains; Sneaky Rains for Argentina Mid Next Week; King US dollar Returns

AgResource Farm Marketing Advice for Friday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.02. If filled, 2022 sales will be pushed to 60%. CBOT grain futures are lower to sharply lower at midday. The grains – corn/wheat – have come under acute fund liquidation as price…