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 an estimated 20% of the 2023 soybean crop in…
AgResource Farm Marketing Advice for Tuesday: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 an estimated 20% of the 2023 soybean crop if…
AgResource Farm Marketing Advice for Monday: 1/ Corn Producers; In case the USDA September Crop Report is bullish: Sold 20% of the estimated 2022 corn crop at $6.95, Sell 20% at $7.05, and 20% at $7.15 basis December futures. Such sales would push 2022 sales to 60% amid strong cash basis bids/limited return to storage. …
Short covering a new fund buying has lifted CBOT futures into the noon hour to sharp daily gains. Wheat/corn have been the upside leaders as doubt builds about the flow of Ukraine Grain Out of the 3-port export corridor with a key USDA Crop Report looming on Monday. And the US harvest maybe ahead, but…
Grain futures are lower at noon with selling noted across the CBOT. News from the White House that it did not see the Ukraine Grain Export Corridor deal unraveling helped sink values. This White House Statement was contrary to recent comments from Russian President Putin and Turkish President Erdogan – which suggested that Ukraine grain…
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