AgResource Midday Commentary; CBOT Rallies to $15.50 Resistance in March Soybeans as Soyoil Futures Break Resistance; US Weekly Exports Disappointing for Grains

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 ag markets are mixed at midday with the grains lower, while soybeans and soy products are able to hold in the green.…

AgResource Midday Commentary; US Soy/Grain Non Competitive in World Trade; GFS Midday Calls for Better Argy Rain in Week 2; Holidays Ahead

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 ag markets are mixed at midday with soy products lower while corn, soybeans and wheat post modest recoveries on limited volume.  The…

AgResource Mid-Day Commentary: CBOT Futures Drop To Test Chart Support; US Crude Stocks Build; GFS Adds Rain to Central Argentina

AgResource Farm Marketing Advice for Wednesday: 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 ag markets are sharply lower at midday, led by wheat on a percentage basis, amid a soaring US dollar, weak energy/equity markets,…