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Lower Russian Production Estimate Fails to Rally Wheat; Bearish Chart and Harvest Pressure Controlling Things at the Moment
A quiet overnight session as ag markets digest poor Black Sea weather vs good US weather, recent world wheat demand despite high prices, and fund rolls.
Algerian and Egyptian Tenders Fail to Provide a Spark to the Wheat Market
A little lower overnight in US ag futures, Egyptian wheat tender finds high Russian offers at $285.00
Head-Scratching Type of Day After Winter Wheat Trades 30 Cents Off the Highs; Dec Corn Trades Lowest Since Mid-April on Expectations for a Highly Rated Crop
June 03, 2024 US crop progress/conditions
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