AgResource Farm Marketing Advice for Thursday: 1/ No new advice. 6:30 AM CST CBOT Prices: May soybeans are unchanged at $8.625, May corn is up 2.75 cents at $3.3725 with May Chi wheat down 6.25 cents at $5.44. AgResource AM CBOT Comment & Analysis: Good Morning! US and world financial markets are recovering following…
Midday CBOT grain values are sharply lower with corn, soybean and wheat futures pressured by fund selling and the fear of further economic/demand destruction. Covid-19 and the ongoing oilfield spat between Russia/Saudi is battering the US biofuel industry and shuttering more US ethanol plants. May corn futures are back testing $3.30 support (17-year lows) with…
AgResource Farm Marketing Advice for Wednesday: 1/ No new advice. 6:30 AM CST CBOT Prices: May soybeans are down 10.00 cents at $8.76, May corn is down 1.50 cents at $3.3925 with May Chi wheat down 8.00 cents at $5.6075. AgResource Morning CBOT Comment & Analysis: Good Morning! It’s a new month and a…
AgResource Farm Marketing Advice for Tuesday: 1/ No new advice. If there was a bullish reaction to the USDA Stocks/Seeding Report, ARC would consider using it to make another 10% old crop corn sale. 6:30 AM CST CBOT Prices: May soybeans are down 3.25 cents at $8.79, May corn is up .25 of a cent…
AgResource Farm Marketing Advice for Monday: 1/ No new advice. 6:30 AM CST CBOT Prices: May soybeans are up 7.50 cents at $8.89, May corn is down 1.00 cent at $3.4525 with May Chi wheat up 8.50 cents at $5.7975. AgResource Morning CBOT Comment & Analysis: Good Morning! A lower start produced a mixed CBOT…
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