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Afternoon Wire
Wheat Follows Through to the Upside After Rejecting Yesterday’s Contract Low; Tomorrow Critical as Months-Long Trendline Resistance Hovers Just Above Current Levels
Funds Continue to Press Wheat While it Sits Near 4-Year Lows
Grains Stuck to Begin the Month, Making Us Wonder if the Entire Month of December Will See a Rangebound Trade
Grains Flat to Begin the Month; Soybeans Weak on Picturesque South American Weather
CBOT Not Sure How to React As Trump Posts About Incoming Tariffs
Wheat Goes Sellers Throughout the Session as Funds Continue Building Back a Sizeable Short Position
Wheat Drifts Lower Throughout the Session as Geopolitical Headlines Aren’t Yet Enough to Spark a Major Rally
Wheat Fights Off Lower Overnight Trade with Geopolitics the Culprit Again
Wheat Jolts Higher Early, on Black Sea Geopolitics, Before Calming Down Towards the End of the Session
Wheat Follows Through to the Upside After Rejecting Yesterday’s Contract Low; Tomorrow Critical as Months-Long Trendline Resistance Hovers Just Above Current Levels
Funds Continue to Press Wheat While it Sits Near 4-Year Lows
Grains Stuck to Begin the Month, Making Us Wonder if the Entire Month of December Will See a Rangebound Trade
Grains Flat to Begin the Month; Soybeans Weak on Picturesque South American Weather
CBOT Not Sure How to React As Trump Posts About Incoming Tariffs
Wheat Goes Sellers Throughout the Session as Funds Continue Building Back a Sizeable Short Position
Wheat Drifts Lower Throughout the Session as Geopolitical Headlines Aren’t Yet Enough to Spark a Major Rally
Wheat Fights Off Lower Overnight Trade with Geopolitics the Culprit Again
Wheat Jolts Higher Early, on Black Sea Geopolitics, Before Calming Down Towards the End of the Session
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