Category Archives: Morning Commentary

China Excludes Some US Goods from Additional Tariffs – Pork and Soybeans; Trump Optimistic on New Biofuel Package; US Weather Shows No Frost/Freeze

** AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  ** 6:30 AM CDT CBOT Prices: November soybeans are up 2.5 cents at $8.98, Dec corn is up 1.0 cent at $3.6825…

Trump Offers China a 2 Week Reprieve on October 1st Tariffs- China Says Private Firms Back To Checking US Ag Prices; GFS Model Goes Colder Overnight

** AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  ** 6:30 AM CDT CBOT Prices: November soybeans are up 8.0 cents at $8.7475, Dec corn is up 2.0 cents at $3.62…

China Battles ASF with Meat Shortages Worsening; CBOT Awaits USDA Report Thursday; Central US Weather Mild into October

** AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  ** 6:30 AM CDT CBOT Prices: November soybeans are down 1.50 cents at $8.7025, Dec corn is down 1 cent at $3.6025…

CBOT Forming Seasonal Bottom? The 3% Fall in Corn GD/EX Ratings Rattles Bears; China Food Inflation Reaches 10% in August

** AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  ** 6:30 AM CDT CBOT Prices: November soybeans are up 5.75 cents at $8.6375, Dec corn is up 5.0 cents at $3.5925…

CBOT Sags as World Wheat Values Continue Their Decline; USDA Crop Report Awaited on Thursday; Central US Weather Looks Mild

** AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% of the 2021 corn crop at $4.26 basis Dec 2021 corn futures. This would price 60% of the 2021 corn crop.  ** 6:30 AM CDT CBOT Prices: November soybeans are down 2.00 cents at $8.5575, Dec corn is unchanged at $3.555 with Dec…