CBOT Rallies After 1st Notice Day Deliveries Against November; Argentina & S Brazilian Weather Needs Watching; China’s Dalian Corn To Record High Close

AgResource Farm Marketing Advice for Friday: 1/ No new advice. 6:30 AM CDT CBOT Prices: Jan soybeans are up 5.50 cents at $10.56, Dec corn is down 2.00 cents at $3.965 and Dec Chi wheat is up 1.00 cent at $6.0475 AgResource AM CBOT Comment & Analysis: Good Morning and a pre-Happy Halloween! CBOT values…

CBOT Speculative Liquidation Persists in 1st Meaningful Correction of the Rally; Cash Markets Unbending to Provide Support; Argentina Forecast Goes Dry

AgResource Farm Marketing Advice for Thursday: 1/ Soybean Farmers: Exit short November 2021 hedge at $9.61 for modest loss on 15% of expected production. This reduces hedge coverage to 20% of expected 2021 soybean production.   2/ Livestock Producers: Cover 50% of estimated 2021 Dec-March soymeal needs at $356.60 basis March soymeal futures. Filled    3/…

Risk Off Investing Mentality Grows Ahead of US Election Amid Increase in Covid Hospitalizations; Better Rain for SW Russia/Argentina; China Interest Slows

AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell March $4.00 corn puts and buy March $4.20 corn calls at even money to replace 50% of 2020 cash corn sales.  2/ Soybean Producers; Sell March $10.20 soybean puts and buy $10.80 soybean calls at a cost of 3 cents to replace 50% of 2020…

CBOT Mixed Overnight Awaiting Additional China Demand; World Cash Grain Markets Steady; NASS US Winter Wheat Rating Disappoints; Two Sided Session?

AgResource Farm Marketing Advice for Tuesday: 1/ No new advice.                                          6:30 AM CDT CBOT Prices: Nov soybeans are down 1.00 cent at $10.8675, Dec corn is up 2.25 cents at $4.20 and Dec Chi wheat is up 4.00 cents at $6.24. AgResource AM CBOT Comment & Analysis: Good Morning! Overnight CBOT values are mixed…

CBOT Starts the Week Broadly Mixed; Wheat Falls on Improved Weather While Palmoil/Soyoil Soar on Tight Stocks; US Covid-19 Cases Record Large

AgResource Farm Marketing Advice for Monday: 1/ No new advice.                                          6:30 AM CDT CBOT Prices: Nov soybeans are down 1.00 cent at $10.83, Dec corn is down 2.25 cents at $4.17 and Dec Chi wheat is down 9.25 cents at $6.235. AgResource AM CBOT Comment & Analysis: Good Morning! The week started out mixed…