Big Liquidation Across Hard Wheat
Afternoon Wire 5.7.26 PDF
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US Jobs report this AM creates new concern about more rate hikes, US ag futures react negatively late overnight.
Wheat Leads the Way Higher After Rumors of a Ukrainian Cargo Ship Hitting a Mine in the Black Sea; Corn Approaches $5 After Finally Taking Out 4.90 Resistance
Row crops a little lower, wheats a little higher overnight. Poor US weekly wheat sales reported for all but HRS while corn sales were good and beans a yawner.
Wheat Unable to Close Higher Three Days in a Row, July was the Last Time; Corn Still Holding Its 4.80-4.90 Range
Overnights softer in wheats and sideways in row crops as Black Sea shipping from Ukraine seems to be picking up steam
Wheat Gets Some Upside Follow Through After SRW Flash Sales to China; Harvest Keeps a Lid on Row Crop Upside
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