AgResource Midday Commentary; Rains to Start Friday Across Argentina; World Ocean Freight Rates Decline to Multi Year Low; Wheat Takes US Corn Export Luster

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 grains are mixed at midday with the grains firmer, while soybeans sag. Brokers indicate that index fund flows are still occurring in…

AgResource Midday Commentary; Argentine Rain Forecast Washes over Index Fund Buyers with CBOT sharply Lower at Midday; Soyoil Holds on Oil Share Spreading

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 mixed at midday with the grains, soybeans, and soymeal sag. New fund inflows are being witnessed this morning with…

AgResource Midday Commentary; CBOT Futures Bounce as Traders Want Rain in the Gauge before Selling; NOPA Crush Data Slightly Bearish

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%.  2/ Corn Producers: Sold the last 10% of their 2022 harvest at $6.70 basis March corn futures. This completes the marketing of the…

AgResource Mid-Day Commentary: CBOT Markets Rally Ahead of Three-Day Weekend; Higher Crude Lends Support; Fresh News Absent

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 ag markets are mixed but mostly firm at midday, with March soy scoring a newer two week-high, corn falling from session highs…