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…