All Three Wheats Trade Within a Dime or Less of Contract Lows as the Search for Export Demand Continues; Soybeans Down Hard on Better Rain Chances and Overbought Technicals
Lower overnights in US and world ags. Better S American forecasts suggested but its likely just a profit taking move after big runs higher in corn and bean futures?
A messy overnight with row crops, Chicago wheat, and spring wheat slightly higher while KC wheat loses ground again vs the other wheats and finishes slightly lower overnight. Monthly US CPI 2.9 on avg guesses.