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Afternoon Wire
Weather Markets at Their Finest with KC Leading the Decline
Sideways Trade Continues as Market-Moving News Remains Absent; Hard Wheat Closes Slightly Higher After Ratings Drop in a Few Key States
USDA Pulls March 1 Stocks Data to Make Expected Changes to Carryouts; HRS Hit the Hardest; WASDE and CONAB Still Miles Apart on SA Production
HRW Gains Double Digits on HRS and SRW; K/N KC Trades Back to 8 Inverse After Going to a Small Carry on Tuesday
Wheat Leads the Way Lower After Crop Ratings Come Out a bit Better than Expected; Sideways Trade Continues Unless We Find a Spark on Thursday’s WASDE
HRW Adds Some Weather Premium as Forecasts Continue Pushing Systems East; Choppiness Expected to Continue into Thursday’s WASDE
Back and Forth Trade Across the Complex Once Again; New Input Needed to Break Out of Recent Ranges
Wheat Fights Back, Down Just a Nickel on the Week After Yesterday’s Promising Forecast Shows Reduced Amounts this Morning
HRW Leads the Way Lower as Expectations for a Bumper Crop Grow by the Day
Weather Markets at Their Finest with KC Leading the Decline
Sideways Trade Continues as Market-Moving News Remains Absent; Hard Wheat Closes Slightly Higher After Ratings Drop in a Few Key States
USDA Pulls March 1 Stocks Data to Make Expected Changes to Carryouts; HRS Hit the Hardest; WASDE and CONAB Still Miles Apart on SA Production
HRW Gains Double Digits on HRS and SRW; K/N KC Trades Back to 8 Inverse After Going to a Small Carry on Tuesday
Wheat Leads the Way Lower After Crop Ratings Come Out a bit Better than Expected; Sideways Trade Continues Unless We Find a Spark on Thursday’s WASDE
HRW Adds Some Weather Premium as Forecasts Continue Pushing Systems East; Choppiness Expected to Continue into Thursday’s WASDE
Back and Forth Trade Across the Complex Once Again; New Input Needed to Break Out of Recent Ranges
Wheat Fights Back, Down Just a Nickel on the Week After Yesterday’s Promising Forecast Shows Reduced Amounts this Morning
HRW Leads the Way Lower as Expectations for a Bumper Crop Grow by the Day
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