CONAB Surprises with Steady Corn Crop, Soybeans Marginally Lower; Russia Considering New Export Limitations on Ag Products; USDA Report at 11 AM CT
AgResource Farm Marketing Advice for Thursday:1/ Wheat Producers: Exit 25% of 2021 wheat hedges basis July Chi futures at $5.71. This would produce a 20 cent loss, but ARC feels uncomfortable with being 50% sold in new crop as the Russian wheat crop currently weathers bitter cold temps amid limited snow. 6:30 AM CBOT Prices:…