AgResource Morning Commentary; Selling the Fact on RVO’s – CBOT Soyoil Futures Fall Sharply; China Secures Argentine Soybeans; Weekly Export Sales on Tap

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.…

ARC Morning Commentary; CBOT Firms Ahead of US ’23 RVO Mandates; Argentina Receives Rain (more needed), China Talks Down Omicron Risk Yet Acts Tough

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 60%.   2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79.…

ARC Morning Commentary: CBOT Lower on China Covid Worry & Argentina Announces 2nd Soybean Dollar Program; South American Weather Mixed

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 60%.  2/ Wheat Producers: Sell another 20% of the 2022 wheat crop if March Chi wheat reaches $8.79. If…