Coronavirus Pandemic Fear Produces Risk Off Start With DOW Down 700+ Points; US Dollar Surges on Global GDP Slowing; SAGO Buys World Wheat

AgResource Farm Marketing Advice for Monday:1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  2/ Corn Producers: Sell 20% of your 2019 corn crop if March corn futures reach $3.95. This would push 2019 corn sales to 80%. …

CBOT Awaits USDA Outlook Forum Update and News of China Demand for US Ag Goods; Cornonavirus Hurts China Q1 Consumption

AgResource Farm Marketing Advice for Thursday:1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.   2/ Corn Producers: Sell 20% of your 2019 corn crop if March corn futures reach $3.95. This would push 2019 corn sales to 80%. …

US Wheat Futures Retreat While Palmoil Plunges; USDA Outlook Forum Starts Thursday With Chief Economist Speech To Headline 2020 US Balance Sheets

AgResource Farm Marketing Advice for Wednesday:1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.   2/ Corn Producers: Sell 20% of your 2019 corn crop if March corn futures reach $3.95. This would push 2019 corn sales to 80%. …

China to Start Accepting Tariff Exceptions on March 2nd for 696 US Goods Including Agricultural; Aussie 2019 Wheat Crop Cut to 15.2 MMTs

AgResource Farm Marketing Advice for Tuesday:1/ Corn Producers: Hedge 20% of the 2021 corn crop at $4.24 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.   2/ Corn Producers: Sell 20% of your 2019 corn crop if March corn futures reach $3.95. This would push 2019 corn sales to 80%. …