A quiet night in everything ag and macro – except spring wheat which jumped another 15 cents on heavier rain forecasts in the AM run in all the wrong places.
Lower US wheat futures again overnight, we will see if that holds this time today. Slightly lower technically irrelevant US row crop futures overnight. US weekly export sales this AM disappoint.
Lower overnights as the Brazil-China corn deal continues to be priced. Some stories about Russia allowing Ukranian grain exports out of the Black Sea, we feel so far, are misleading and presumptive.