Category Archives: Morning Commentary

AgResource Morning Commentary: Markets Add Premium Amid Rising Crude, Record Indian Wheat Prices, Lack of Soaking Rain in Argentina

AgResource Farm Marketing Advice for Wednesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%. 2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Morning Commentary: CBOT Steady/Higher; Argentine Forecast Lacks Needed Soaking Rain; Concern Over Covid in China Stays Elevated

AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%. 2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Morning Commentary; CBOT Extracts Weather Premium in Corn/Soybeans on Wetter Argy Forecast; EU Model Not as wet as Sunday Noon

AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%.  2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Morning Commentary; CBOT Mixed with Price Trends Lacking; All Eyes on Argentine/S Brazilian Rain Forecasts; Russia Steps Up Attacks on Ukraine Electrical Grid

AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%.  2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…

AgResource Morning Commentary; CBOT Mixed In Low Volume Trade Watching South American Weather; NOPA Out with Soyoil Stocks Key; Argy Wheat Crop Declines Even More

AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $6.79 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 80%.  2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…