ARC Midday Commentary; Corn Sags on Inter-commodity Spread Unwind and Talk of Better Yields; Weekly US Ethanol Production Sags; GFS Midday Wetter for C & E Midwest

CBOT grain futures are mixed at midday in thinning volume. Soybeans/wheat futures have been able to bounce on inter commodity spread unwinding. Long corn/wheat and corn/soybean spreads are being exited ahead of the long holiday weekend with debate raging as to what NASS will release in its September Crop Report. There seems to be little…

AgResource Midday Commentary; Bearish Macro Economic Fears Pull CBOT Values Lower; Ukraine Ag Minister Hopes to Double Exports in October; GFS Dry at 12z

AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. Midday CBOT grain/soy futures are lower with soybeans finding consumptive demand under $14.10 November. Corn/wheat futures are sagging on profit taking amid the macroeconomic weakness across a host of financial markets. Rising US/ world interest rates will cause a contraction in a host of asset…

AgResource Midday Commentary; Wheat Rallies on Short Covering Amid Fund Shorts into Month End; Corn Scored 2 Month High; Soybeans fall on Record US Crop Potential

AgResource Farm Marketing Advice for Monday: 1/ No new advice. December corn would have to reach $6.95-7.05 and March soybeans at $1.75 or above for new cash sales advice. Midday CBOT futures are mixed with soybean futures sagging while the grains rally. Corn futures have scored fresh 2-month highs from the lingering bullish fundamental impact…

AgResource Midday Commentary: CBOT rallies on Expectation of Bullish Pro Farmer Tour Yields; US Central Bank to be at War Against Inflation for Longer

AgResource Farm Marketing Advice for Friday: 1/ No new advice. Midday CBOT futures are higher with grain/soybeans pushing upwards in an expectation that Pro Farmer will come out later today with a low yield estimate following their 4-day tour that concluded yesterday. Rumors have Pro Farmer releasing a US corn yield of 172 BPA and…