Deepening Understanding of Phase 1 Deal Rallies CBOT; N Argentina Enjoys Soaking Weekend Rain; Melt-Up in CBOT into January USDA Report?

** 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 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales…

CBOT Rallies Sharply as Trump Announces Phase 1 Deal in Principle; Beijing Said to Have Comments Later Today; South American Weather Set to Improve

** AgResource Farm Marketing Advice for Friday: 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 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales…

CBOT Weaker Awaiting News on US/China Trade; US Corn Harvest to Slowly Advance; Southern Argentine Drought to Worsen

** 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 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to 75%. …

CONAB Brazilian Crop Estimates Up Slightly; WASDE Due Out at 11 AM CST; China’s Food Inflation Soars 19% ;Argentine Rain in 9-15 Days?

** 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 15% of your 2019 corn crop if March corn futures reach $4.10. This would push 2019 corn sales to…