CBT Corrects as May Short Covering Influence Wanes on Liquidation; US Export Premiums Come into Focus; US Farmers Race Seed into the Ground

AgResource Farm Marketing Advice for Wednesday:1/ No new advice. 6:30 AM CT CBT Prices: May soybeans are down 15.00 cents at $15.345, May corn is down 5.00 cents at $6.905 while May Chi wheat is down 18.50 cents at $7.155 AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBOT futures are trading sharply lower this…

CBT Takes a Breath In Overnight Correction; Midwest Cash Basis Levels Strong with Bids Shifting to July Futures; Brazilian Winter Corn Dryness Unrelenting

AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Take profits on long May corn futures at $6.61 for a gain of $2.445/Bu on 40% of the 2020 crop.   2/ Soybean Producers: Take profits on Long May soybean futures at $15.47 for a gain of $4.61/Bu on 40% of the 2020 soybean crop. 6:30 AM…

Another Day – Another Round of New Contract Highs for CBT Corn, Soybeans and Soyoil; US Weather Forecast Drier for N Plains and NW Midwest

AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CT CBT Prices: May soybeans are up 20.25 cents at $15.175, May corn is up 8.25 cents at $6.5575 while May Chi wheat is up 8.50 cents at $6.815. AgResource Morning Grain/Soy Comment & Analysis: Good Morning! CBT grain values continued their bullish…