Afternoon Wire

Afternoon Wire 1/31/23

Chicago Trades Above the 50-day MA for the First Time in 3 Months; Corn Runs Right into Resistance for the Third Time in a Month

Afternoon Wire 1/30/23

Short-Covering in HRW Sends KWH Back Near $9 Resistance; $9 Cash Spurs Some HRS Grower Selling; Beans Bid All Day as Argy Forecast Remains Worrisome

Afternoon Wire 1/26/23

Good Export Sales Give Wheat the Bump Needed to Settle Above Long-Lasting Resistance

Afternoon Wire 1/25/23

Wheat Takes Back Monday’s Losses After Consecutive Higher Sessions; Resistance Trendlines Dangerously Close to Getting Breached; Can Wheat Find a Catalyst to Make it Happen?

Afternoon Wire 1/24/23

Wheat Takes Back a Chunk of Yesterday’s Losses While Attempting to Make its Way into Feed Channels

Afternoon Wire 1/23/23

HRW Gets Crushed After Weekend Rain/Snow Blankets W KS; Row Crops Weak On Arg Forecast

Afternoon Wire 1/19/23

Row Crops Go Out Near the Lows as Rains Approach Argentina; Spring Wheat the Only Winner as Natural Sellers Remain Absent

Afternoon Wire 1/18/23

Row Crops Finally Respond to Better Weather Outlook in Argentina; Hard Wheats Fail at Trendline Resistance

Afternoon Wire 1/17/23

Wheat Gets Help From Putin’s Comments and Corn; Row Crops Shrug Off an Improved Argentina Forecast

Afternoon Wire 1/12/23

Corn Sets the Tone for Wheat’s Comeback as Harvested Acres get Slashed 1.6M; Wheat Acreage Bearish on Paper but Almost 40% of the Increase is TX

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