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War on risk. Crude slightly higher. US ags higher bouncing for no apparent reason. Soybeans led off thoughts that China will indeed take the 8 MMT of US beans soon.
War news is all over the place. crude slightly lower overnight. US ag futures start a lot lower but mainly recover by the overnight close.
Major moves overnight in crude and other macros and US ags give way to tempering of the moves overnight at the Middle East war continues to expand.
US ags continue to find new buying after technical resistance is taken out. Crude continues to run higher. US monthly unemployment report upcoming shortly.
Choppy US ag futures overnight, macros had crude rallying again and US 10 yr note futures dropping.
Rerally overnight in US ags off world energy fears and big moves in the macros
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