AgResource Midday Commentary; CBOT Rallies on Strong Export Sales and Chart Buying; Brazilian Premiums Fall; US Cash Sales Uptick
AgResource Farm Marketing Advice for Thursday: 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 futures are higher at midday with better-than-expected US weekly export sales offering bullish fodder while a record large Brazilian soybean crop and…