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A Winning Streak for Wheat? 3 Higher Closes in a Row as Matif Rebounds from Contract Lows; Strong Sales Last Week After Wheat Cratered to Fresh Multi-year Lows
Row crops finished higher, winter wheats marginally lower on a back and forth US ag futures overnight. First intentions day for Sep ag futures is after the close today.
Wheat Manages Back-to-Back Higher Closes After Yesterday’s Key Reversal in Chicago; 4.90-5.00 Area Trying to Prove Itself as Long-Term Support
A disappointment to bulls as US row crops go lower again overnight, wheats quiet, US trade deficit rises to record.
Wheat Leads the Way Higher with Chicago Posting a Key Reversal; 4.90-5.00 Front-Month Chicago Holds As Major Support Level
KC wheat cal spreads continue their bullish run overnight, the rest of world ag futures were quiet overnight as we await Sep delivery intentions after the close Thursday.
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