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KC March Wheat Settles at the Low Tick From Aug as the Search for Demand Continues; Chicago Wheat Attempting to Price as Feedgrain
A thorough thrashing of US and world winter wheats overnight, but row crops and macros were quiet.
Wheat Gives up Early Gains; Choppy Trade Expected into Thursday’s Acreage Numbers
All but soybeans weakened by the AM close, Arg forecast muddled, USDX screaming lower and crude up 2.25.
Managed Money Net Buys 3.5k SRW, 0.5k HRS, 37.1k Corn, and 14.4k Soybeans, Net Sells 0.1k HRW
Drier Arg forecasts have corn a little higher, otherwise a quiet night in ags and macros.
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