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Afternoon Wire
Wheat Ignores the Lower Overnight and Chops Around in the Green All Session; HRW H/N Approaching Storage as Cal Spreads See Massive Volume
Wheat Takes Back Yesterday’s Losses While Soybeans Struggle With Better Brazilian Weather
Wheat Trades to 8-Week Lows; S Plains Precip Event Upcoming; Russia Sees Decent Rains Over the Next 2 Weeks
CBOT Choppy After Traders Digest the Expected Large Weekly Export Sales; Wheat Bounces From Overnight Lows for the 4th Consecutive Session
Wheat Bounces Hard From a Lower Overnight Session for the Third Time in a Row; Corn and Bean Spreads Stay Tight as Basis Refuses to Back Down
Basis Strength in Row Crops Leaks into Flat Price; Wheat Follows Row Crops Higher
Row Crop Front-End Cal Spreads Higher with Basis Remaining Firm; Wheat Attempts to Rally Early but Goes Out Near Unch
CBOT Closes Well Off Its Lows as Row Crop Calendar Spreads Respond to Recent Basis Strength
CBOT Mixed with Grains Higher and Soybeans Lower; Brazil Rains Bring Back Expectations of a Monster Crop
Wheat Ignores the Lower Overnight and Chops Around in the Green All Session; HRW H/N Approaching Storage as Cal Spreads See Massive Volume
Wheat Takes Back Yesterday’s Losses While Soybeans Struggle With Better Brazilian Weather
Wheat Trades to 8-Week Lows; S Plains Precip Event Upcoming; Russia Sees Decent Rains Over the Next 2 Weeks
CBOT Choppy After Traders Digest the Expected Large Weekly Export Sales; Wheat Bounces From Overnight Lows for the 4th Consecutive Session
Wheat Bounces Hard From a Lower Overnight Session for the Third Time in a Row; Corn and Bean Spreads Stay Tight as Basis Refuses to Back Down
Basis Strength in Row Crops Leaks into Flat Price; Wheat Follows Row Crops Higher
Row Crop Front-End Cal Spreads Higher with Basis Remaining Firm; Wheat Attempts to Rally Early but Goes Out Near Unch
CBOT Closes Well Off Its Lows as Row Crop Calendar Spreads Respond to Recent Basis Strength
CBOT Mixed with Grains Higher and Soybeans Lower; Brazil Rains Bring Back Expectations of a Monster Crop
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