Afternoon Wire

Corn Firms Ahead of Report Day Tomorrow; Wheat/Corn Trades Back to its Low as Hard Wheat Pressures the Complex

Mixed session with corn closing higher and wheat, led again by KC, closing lower.  The KZ/WZ inter broke through the 200 dma early in the session and seemed to set off further panic selling into the wheat complex.  The long KW/W trade has been a big speculative trade over the…

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Afternoon Wire
Corn Firms Ahead of Report Day Tomorrow; Wheat/Corn Trades Back to its Low as Hard Wheat Pressures the Complex
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Morning Wire
Lower again for US hard wheats, beans lower, corn reverses some of yesterdays gains. US crop reports finally are tomorrow. Beware US Sep 1 corn and soybean stocks.
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Afternoon Wire
Aggressive EU Offers to Egypt Keep Wheat Market Pressured; Row Crops Content to Chop Around Until Friday’s Data Dump
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Morning Wire
Yet another light volume low range night as we await Fridays crop reports
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Afternoon Wire
Grains Close Higher After Early-Morning Chart Selling Subsides; Export Inspections Show a Couple Cargoes of Wheat Heading to China; Matif Closes Strong on Rumored Chinese Interest
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