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An interesting night of choppiness ending a in lower ag finish as first we had a metals flash crash then we had a crude break overnight. We see nothing technically for breakouts and believe the ag markets are still chopping sideways awaiting the Thursday crop report.
Frontier Futures August 1 – 7 Commentary
Managed Money Net Buyers Across the Wheat Complex and Corn, Sellers of Beans
A little higher overnight. China buys another 131,000 US soybeans this AM. The trade awaits the Sep roll and next weeks crop reports
China Resurfaces for Soybeans and are Rumored to be Looking for Corn, Wheat Rally Pauses for Second Day in a Row
Export Sales report as of 7.29.21
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