ARC Midday Commentary; CBOT Mixed Awaiting USDA October Crop Report; Grain/Soy Spread Unwind; Miss River Worry Deepens/ China Books US Soybeans for December

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…

ARC Midday Commentary; CBOT Futures Rise on Massive Fund Demand Tied to Putin Retaliation; Gulf Barge Traffic Improves; but Flows Problematic; USDA Report Ahead

AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sold 20% of the estimated 2022 corn crop at $7.05 March this AM, continue the order to sell another 20% at $7.15 basis March corn futures. Such sales would push 2022 sales to 60%. ARC is advising moving back our sales to January/February due to the…

ARC Midday Commentary; CBOT Futures Rebound From Early Selling tied to US Job’s Gain; E Australia Becoming Too Wet; Dry Central US Harvest Weather Ahead

AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis December corn futures. Such sales would push 2022 sales to 60% amid strong cash basis bids/limited return to storage.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at…

AgResource Midday Commentary; CBOT Futures Lower on Sagging US Cash Markets, Active Midwest Harvest; Slow Weekly US Corn Export Sales

AgResource Farm Marketing Advice for Thursday:1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis December corn futures. Such sales would push 2022 sales to 60% amid strong cash basis bids/limited return to storage.   2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $15.15…

ARC Midday Commentary; CBOT Futures Mixed in Diminished Volume; Funds Buy Wheat on the Charts/Russia; Soybeans Sag on Lack of Fresh US Demand; Corn Caught In Between

AgResource Farm Marketing Advice for Wednesday:1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis December corn futures. Such sales would push 2022 sales to 60% amid strong cash basis bids/limited return to storage.   2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $15.15…