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US row crops quietly slightly lower. Matif wheat unch. US wheats a little lower but Dec top step contracts remain slightly above contract lows. Sep options expire tomorrow.
Matif Wheat Gets Smacked Back to Early March Lows, Dragging US Wheat Lower; Row Crop Price Action Subdued as PF Tour Mostly Confirms Record Yield Potential
No significant technical moves in world ags overnight, macros also quiet. We await the day session and Fridays Sep options expiration.
Wheat Continues to Trade in the Middle of its Recent Range, But USD Index Breakout Could Spur Macro-Led Funds to Liquidate Some Shorts
Gold to new all time highs overnight, US ags were quiet and technically a nonevent. We continue to await Fridays Sep options expiration and Sep first intentions day next week as the trade digests the US row crop tour ongoing.
August 19 US crop progress/conditions highlights
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