CBOT grain futures are sharply mixed at midday with an early rally in soybeans failing while wheat futures try to regain lost early ground. Corn is holding in the red with rallies being sold. The 50 day moving averages crosses at $6.65 in March corn and $14.94 in March soybeans. A non-bullish USDA report could…
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 lower at midday on a gain in the US dollar, rising US/China political tensions, and potential for rain across…
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 at midday. At the 8:30 AM CT reopening, a new round of fund money pushed into the commodity…
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 grain futures are mixed at midday with the fund order flow being the dominate feature (once again). The CBOT has all been…
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 futures are lower at midday with selling noted from sagging South American soybean/corn premiums, and the ongoing shift in world trade from…
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