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 corn, soybean and wheat futures are mixed at midday. An early rally effort failed amid the pressure from declining Brazilian soybean interior…
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 corn, soybean and wheat futures are higher at midday. The market has been able to cast aside the better Argentine rain totals…
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 corn, soybean and wheat futures are sharply higher at midday on fund short covering, dry Argentine weather forecasts and new Russian aggression…
CBOT corn, soybean and wheat futures were unable to hold the early rally and values are lower at midday. Soymeal is holding its overnight gains on meal/oil spreading, regardless that US soymeal export sales are not showing much improvement from Argentine soy crop losses. South American fob soymeal for March/April is offered $20-35/MT below the…
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%. The USDA’s February WASDE leans mixed, but like most years the report lacked statistical fireworks and South American weather stays priority number one…
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