CBOT ag futures are mixed at midday with the soybean market adding weather premium due to the overnight dry change in the Argentine weather forecast, while the grains struggle amid competitive world export markets. US corn and wheat sales continue to disappoint against cheaper offers from South America, Russia, and the Ukraine. ARC notes that…
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 futures are lower at midday on continued chart based and macro market selling. Soybeans/wheat have paced the decline with corn/soyoil and…
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 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 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…
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