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World wheat futures make big up moves on E Australian rain forecasts. Matif wheat all time highs, KC and Chicago wheats on 8-10 year highs.
Managed Money Net Buyers of 11.9k SRW, 3.2k HRW, 21.5k Corn, and 17.4k Soybeans; Net Sellers of 1.5k HRS
Lockdowns coming again for European countries off covid. Crude oil technical bear move. Ags slightly lower overnight as a result.
Grains End Lower After Early Buying Spree Fizzles Out; Expect Heightened Volatility on Thin Holiday Markets
Upside breakouts in selected world and US ags on perceived index and fund buying even as macros are neutral and crude breaks some more.
Markets Go Bid on the Day Session Open; Soybeans Take Out Trendline Resistance; Wheat Supported by International Tenders While Corn Tries to Keep Pace on Robust Ethanol Demand
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