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Lower overnight US ags on rains for the US eastern corn belt. Russian/Ukranian sunflower and corn areas to endure extreme heat the next two weeks.
Huge weekly US ag export sales in wheat this AM follows disturbingly low French wheat yields uncovered during the US holiday break.
Mixed overnight futures on moderate volume. Wheats slightly lower, corn slightly lower, beans slightly higher. We await the US holiday that begins on the close today and the Friday AM weather forecast ahead of the reopening.
US soyoil and Malaysian palmoil and US soybeans climb, corn makes a minor Tuesday bounce off slightly lower US crop conditions ratings yesterday.
Wheat/Corn Spreading Featured with Wheat Gaining ~50 Cents on Corn Since Thursday AM
July 01, 2024 US crop progress/conditions report
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