Afternoon Wire

Soybeans Lead on Fears of Production Losses After Massive Flooding in RGDS; Corn Back to March 28th Levels With Important Technical Objectives Right Near the Market

We have switched from blowing out shorts in wheat to blowing out shorts in the row crops.  Huge rains across Southern Brazil caused the panic and now shorts are running through that exit door.  Soybeans moved through the 50-dma and have first sights set on the 100-day at $12.13, the…

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Afternoon Wire
Soybeans Lead on Fears of Production Losses After Massive Flooding in RGDS; Corn Back to March 28th Levels With Important Technical Objectives Right Near the Market
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Morning Wire
An overnight bounce. Oversold? Too much US rain forecast? Russian rains forecast have disappeared? Take your pick.
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Afternoon Wire
Correction Continues in Winter Wheat as Big Carries Start Making Their Way in Calendar Spreads
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Morning Wire
Quiet and slightly lower in all but Chicago wheat overnight. Forecasts are wet now for the US and leaning back dryish for Russia
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Afternoon Wire
HRW Resumes its Technical Correction After Failing at the 200-Day MA Friday and Yesterday; Some Forecasts Calling for Rains in Parched Areas of KS
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Morning Wire
Wheats get a little goofy overnight and this AM as deliveries/nondeliveries play out by class and weather factors in.
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