AgResource Mid-Day Commentary: Row Crops Firm as Argentine Forecast Trends Drier; Energy Markets Shrug Off Build in Stocks

AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%. 2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Midday Commentary; US Inflation Retreats in November; Arctic Cold for the Central US/Dryness for Argentina; March Soybeans Near $15.00

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. If filled, 2022 corn sales would be pushed to 80%. 2 / Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79.…

AgResource Midday Commentary: Soyoil Soars/Soymeal Sags – Oil share Trade Favored (Again); Midday GFS Dry for Argentina; November CPI Reading Due Tuesday

AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%.   2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79.…

AgResource Midday Commentary; USDA December Report as Advertised; Argentine Weather offers a Few Weekend Showers; Otherwise Dry

AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%.   2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Midday Commentary; CBOT Soybeans/Soymeal Rise on Dry Argentine Weather Forecast; Soymeal Reaches Upside Price Target; China Buys Ukraine Corn

CBOT values are mixed at midday with corn/wheat futures lower while the soy complex hangs in the green, despite the rain that is falling across some of the drier areas of Central Argentina. Initial profit taking was absorbed as traders well understand that Argentina will need to see a weather pattern of regular rainfall if…