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Afternoon Wire
SRW Extends its Streak to Seven Sessions, Fueled by 1mmt to China so far this Week
Wheat Makes it Six Sessions in a Row; Chinese Buying, Regardless of Exactly When, Causing Funds to Rethink Historic Short Position
Exiting of Long Bean/Wheat Intermarket Leads to Nice Gains in SRW; China Continues Their Buying Spree After Those June Rains Destroyed an Abundance of Milling Quality Wheat
Wheat Completes a 3-Day Rally as Historic Fund Short Heads for the Exit; Corn Firms After Running into Good Export Demand at 3-year Lows
Wheat Rallies Consecutive Days as the Historic Net Fund Short Finally Begins to Cover; Z/H Corn Trades to an Historic Low
Fund Selling Eases for a Day in the Wheat as KWH Scores a Key Reversal; Market Structure Stays Friendly but Bullish Inputs are Otherwise Absent
Contract Low Settles in Corn and All 3 Wheats; Soybeans Hanging by a Thread as Brazilian Weather is Still Far From Perfect
Wheat Finds Bottom Pickers and a Supportive Black Sea Headline; Soybeans Trade 60+ Cents off Yesterday’s Low
Soybeans Come Roaring Back to Settle 40 Cents Off the Overnight Lows; Corn Ekes out a Slightly Higher Settle; Funds Pile Into Wheat as the Short Leg of Every Intermarket Once Again
SRW Extends its Streak to Seven Sessions, Fueled by 1mmt to China so far this Week
Wheat Makes it Six Sessions in a Row; Chinese Buying, Regardless of Exactly When, Causing Funds to Rethink Historic Short Position
Exiting of Long Bean/Wheat Intermarket Leads to Nice Gains in SRW; China Continues Their Buying Spree After Those June Rains Destroyed an Abundance of Milling Quality Wheat
Wheat Completes a 3-Day Rally as Historic Fund Short Heads for the Exit; Corn Firms After Running into Good Export Demand at 3-year Lows
Wheat Rallies Consecutive Days as the Historic Net Fund Short Finally Begins to Cover; Z/H Corn Trades to an Historic Low
Fund Selling Eases for a Day in the Wheat as KWH Scores a Key Reversal; Market Structure Stays Friendly but Bullish Inputs are Otherwise Absent
Contract Low Settles in Corn and All 3 Wheats; Soybeans Hanging by a Thread as Brazilian Weather is Still Far From Perfect
Wheat Finds Bottom Pickers and a Supportive Black Sea Headline; Soybeans Trade 60+ Cents off Yesterday’s Low
Soybeans Come Roaring Back to Settle 40 Cents Off the Overnight Lows; Corn Ekes out a Slightly Higher Settle; Funds Pile Into Wheat as the Short Leg of Every Intermarket Once Again
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