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Erroneous Chinese Corn Flash Sale Brings a Moment of Excitement to Corn; HRS Wheat Tour Concludes with an ND yield of 49, a Full 10 BPA below USDA
A quiet night, then we get hit with flash sales this AM of 135,000 MT US corn to CHINA and another 284,000 MT to unknown. Toss out the quiet overnight trade.
Everything Red on the Screen After Trade Deals Fail to Spark Enthusiasm in the Grains
Slightly higher for US beans overnight off the US-Japan pseudoagreement, corn finishes unch on good weather forecasts, wheats roll from slightly higher to a slightly lower finish.
Wheat Trying to Break Out Against Corn as Black Sea Export Prices Refuse to Drop
Row crops lower, winter wheats slightly higher overnight. SQ-SX spread continues to break as we approach next weeks Aug first intentions day.
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