Possible US/Iran Peace Deal? Light liquidation event across grain markets
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Beans higher, corn a little higher, wheats smushed late from higher to about unch.
SRW Extends its Streak to Seven Sessions, Fueled by 1mmt to China so far this Week
Higher overnights, another 372,000 MT of US SRW announced sold to China this AM
Wheat Makes it Six Sessions in a Row; Chinese Buying, Regardless of Exactly When, Causing Funds to Rethink Historic Short Position
Quiet minor turnaround Tuesday overnights, followed by private US exporters announcing another 198,000 MT of US SRW to China and best Russian offer to Egypt at 250.00 FOB
Exiting of Long Bean/Wheat Intermarket Leads to Nice Gains in SRW; China Continues Their Buying Spree After Those June Rains Destroyed an Abundance of Milling Quality Wheat
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