AgResource Mid-Day Commentary; CBOT values Drop Hard on Marco Economic Concern/Crude Oil Price Fall; Demand Worry to be Featured in Q1

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 futures opened mixed with the grains lower but soybean/meal futures higher following overnight trading trends. However, spot crude oil futures fell…

AgResource Mid-Day Commentary; CBOT Falls Sharply on Brazilian Fuel Tax Mandate from Lula; China Covid Worry Amid Slowing World Economic Growth; Argy Forecast Drier at Midday

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 ag futures opened mixed to slightly higher and fell sharply on fund inspired selling and profit taking. Wheat, corn, and soybean…

AgResource Mid-Day Commentary: Markets Off AM Highs as GFS Trends Wetter in Argentina; Wheat Leads Rally on Solid Export Sales

AgResource Farm Marketing Advice for Friday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If filled, 2022 sales will be pushed to 60%.                Ag futures are steady to higher at midday, though CBOT corn and soy have fallen from AM peaks as the midday GFS…

AgResource Mid-Day Commentary: Soy Rebounds; Corn Weakens on Bearish Ethanol Data; Wheat Markets Contend with Ongoing Russian Competition

AgResource Farm Marketing Advice for Thursday: 1/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If filled, 2022 sales will be pushed to 60%.                CBOT ag markets are mixed at midday, with soybeans and oil adding Argentine weather premium, wheat falling 10-15 cents on the recent…