AgResource Midday Commentary; CBOT Weakens on US Export Demand Worry; Cash Soymeal Basis Drops Sharply; Needed Rain for Argentina in the Forecast

AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…

AgResource Mid-Day Commentary: Wheat, Soy Stay Firm; Corn Extracts Premium Amid Wetter Argentine Forecast, Excessive Aussie Rainfall

AgResource Farm Marketing Advice for Monday:  1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%. 2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…

AgResource Midday Commentary; Marco Headwinds Pull CBOT Lower at Midday; Ukraine Export Corridor Confusion; More China Flash Soybean Demand

AgResource Farm Marketing Advice for Friday:  1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…

ARC Midday Commentary; CBOT Grains Rally on Reversal In the Financial Markets; Russian to Place Restrictions on Corridor Exports; US Dry Trend to Persist

AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.   2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures.…

ARC Midday Commentary; US Soy/Corn/Wheat Crops Smaller; Combined US Major Crop Exports Cut 215 Mil Bu; Its all About Demand into 2023

AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…