ARC Morning Commentary; China Corn Prices Press Record Highs Above $11/Bu; US Central Bank Out with Guidance at 1 PM CT; Wheat Values Correct on Profit Taking
AgResource Farm Marketing Advice for Wednesday:1/ Wheat Producers: Sell 25% of 2021 wheat crop if March Chi wheat reaches $8.80. 6:30 AM CT CBT Prices: March soybeans are up 1.00 cent at $14.0825, March corn is down 2.50 cents at $6.175 and March Chi wheat is down 13 cents at $8.05. AgResource Morning Grain/Soy Comment…