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…

AgResource Midday Commentary; Mixed as CBOT Tries to Bounce Following Monday’s Lashing; Export Demand Lacking to Keep the Rally Going

AgResource Farm Marketing Advice for Tuesday: 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 mixed at midday with the grains holding in the green while the soy complex sags on long liquidation and the…

AgResource Midday Commentary; CBOT Falls Sharply On Improved South American/US Plains Weather; Fresh Export Demand Lacking

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 futures are sharply lower at midday as CBOT extracts weather premium from price due to needed moisture across South America and the…

AgResource Midday Commentary; Rains Better than Expected Across Southern Argentina; US Weekly Export Sales Support CBOT, but US Corn Sales historically Lag

 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%. The CFTC will release their CoT data today. Normally in a holiday shortened week, the CoT data is delayed. The US Gov’t was…