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A calm cool quiet night session, macros also quiet but Powell speaks today, India threatening rice export curbs of some degree.
Weak ags and quiet macros overnight – except corn which cannot decide if it has priced in the ProFarmer yield loss yet or not.
Farmers Reward the Pro-Farmer Inspired Rally in Row Crops; Wheat Keeps the Momentum Going
Corn and soybeans higher to major retracement levels overnight. It will be an interesting day to see whether even more rally is perceived as needed or not.
Row crops lead the way higher!
US corn screams higher overnight on poor conditions reports and poor SD ProFarmer tour results. This despite a USDX testing contract highs.
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