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…

AgResource Mid-Day Commentary: Soy Rally Fades; Weakness in Brazilian Real to Boost Producer Sales; More Rain Needed in Argentina

AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. 2/ 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%.     3/ Soybean…