AgResource Morning Commentary; USDA Report Day with Data Dump at 11 AM CT; US Corn/Soybean GD/EX Conditions Rise 2%; Algeria Buys Russian Wheat

AgResource Farm Marketing Advice for Wednesday:1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.    2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…

ARC Morning Commentary; Traders Prepare for USDA’s October Report on Wednesday; US Rail Strike Possible After Nov 19th; Marco Financial Market Headwinds

AgResource Farm Marketing Advice for Tuesday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales would be pushed to 60%.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $14.30 basis January soybean futures. This…

AgResource Morning Commentary; CBOT Rallies Strongly Ahead of USDA Report on Speculation on Ukraine’s Export Corridor; China Returns from Holiday With Strong Crush Margins

AgResource Farm Marketing Advice for Monday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis March corn futures for early 2023 delivery. If filled, 2022 corn sales are pushed to 60%. The basis and spreads are now more favorable to sell corn for 2023.  2/ Soybean…

AgResource Morning Commentary; Biden Wants an Off Ramp for Putin; Ukraine Seeds 50% less Wheat?; US Jobs Report Awaited for Financial Market Direction

AgResource Farm Marketing Advice for Friday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis December corn futures. If filled, these would push 2022 sales to 60%.  2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $15.15 basis January soybean futures.   6:30…

AgResource Morning Commentary; CBOT Weaker Following the Financial Markets; Active Harvest into Mid October; Miss River Barge Cost Soars

AgResource Farm Marketing Advice for Thursday: 1/ Corn Producers: Sell 20% of the estimated 2022 corn crop at $7.05 and 20% at $7.15 basis December corn futures. If filled, these would push 2022 sales to 60%.   2/ Soybean Producers: Sell another 20% of the 2022 soybean crop at $15.15 basis January soybean futures.  …