Turnaround Tuesday As Liquidation into US Holiday,1st Notice Day & End of Month Featured; Brazilian Weather Stays Threatening; US Ag Exports Rebound

AgResource Farm Marketing Advice for Tuesday: 1/ No new advice.  6:30 AM CDT CBOT Prices: Jan soybeans are down 13.50 cents at $11.78, Dec corn is down 8.50 cents at $4.18 while Dec Chi wheat is down 4.00 cents at $5.9475. AgResource AM CBOT Comment & Analysis: Good Morning! It’s a turnaround Tuesday with CBOT…

CBOT Futures Add Weather Premium Amid Concerning Brazilian Weather Forecast; China Corn to New Contract Highs; Russian Export Tax Discussed

AgResource Farm Marketing Advice for Monday: 1/ Soybean Producers: Exit Short $10.20 Mar soybean puts at 2.5 cents to collect profits/reduce risk. A Long $10.80 March soybean call/Short $10.20 put was advised to replace 40% of the 2020 crop (putting producers long 60% of ’20 production) at a 3 cent cost.     6:30 AM CDT…

Threatening Northern Brazilian Weather Forecast Lifts CBOT Soybeans/Soyoil to New Highs; Russian Ag Ministry offers Subsidies to Wheat/Rye Millers

AgResource Farm Marketing Advice for Friday: 1/ Soybean Producers: Exit Short $10.20 Mar soybean puts at 2.5 cents to collect profits/reduce risk. A Long $10.80 March soybean call/Short $10.20 put was advised to replace 40% of the 2020 crop (putting producers long 60% of ’20 production) at a 3 cent cost.     6:30 AM CDT…

CBOT Corrects on Brazilian Overnight Rain; Weakening Brazilian Soybean Export Basis; South American Weather Forecast Stays Dry with Heat by Dec 1st

AgResource Farm Marketing Advice for Thursday: 1/ Soybean Producers: Exit Short $10.20 Mar soybean puts at 2.5 cents to collect profits/reduce risk. A Long $10.80 March soybean call/Short $10.20 put was advised to replace 40% of the 2020 crop (putting producers long 60% of ’20 production) at a 3 cent cost.      6:30 AM CDT…

Can Dec CBOT Soyoil Futures Score New 4 Year high by exceeding $38.11?: Mato Grosso Misses Rain Again Overnight; Russian Govt Debating Wheat Trade

AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 AM CDT CBOT Prices: Jan soybeans are up 5.00 cents at $11.7475, Dec corn is up 1.00 cent at $4.2125 while Dec Chi wheat is up 4 cents at $5.9925. AgResource AM CBOT Comment & Analysis: Good Morning! It has been a mostly higher…