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Afternoon Wire
CBOT on the Defensive to Begin the Week
No WASDE Fireworks After Gov Releases Production/Carryout Figures Largely in Line with Expectations
Wheat Firms Ahead of Tomorrow’s Highly Anticipated Russian Ag Min/Exporter Union Meeting
Row Crops Pressured by Brazil Forecast and US Harvest; Wheat Content to Chop Around All Day
Markets Recover From Overnight Weakness in Low Volume Trade; Winter Wheat Calendar Spreads Struggling with Current Export Prospects
Wheat Rally Takes a Breather, For Now, After Reaching Some Important Technical Objectives; Yesterday’s Frenzy of Bullish Headlines Nowhere to be Found Today
Wheat Makes Another Move High as a Round of Bullish Headlines Hit the Newswires
Wheat Leads the Ags with Russia’s Export Price Finally Creeping Higher; Israel Hit by Iranian Missiles, Sending the Macros into a Frenzy; Mid-Oct Rain Chances Increasing for N Brazil but Russia Still Dry
NASS Report Friendly Corn While Pretty Neutral Wheat and Beans
CBOT on the Defensive to Begin the Week
No WASDE Fireworks After Gov Releases Production/Carryout Figures Largely in Line with Expectations
Wheat Firms Ahead of Tomorrow’s Highly Anticipated Russian Ag Min/Exporter Union Meeting
Row Crops Pressured by Brazil Forecast and US Harvest; Wheat Content to Chop Around All Day
Markets Recover From Overnight Weakness in Low Volume Trade; Winter Wheat Calendar Spreads Struggling with Current Export Prospects
Wheat Rally Takes a Breather, For Now, After Reaching Some Important Technical Objectives; Yesterday’s Frenzy of Bullish Headlines Nowhere to be Found Today
Wheat Makes Another Move High as a Round of Bullish Headlines Hit the Newswires
Wheat Leads the Ags with Russia’s Export Price Finally Creeping Higher; Israel Hit by Iranian Missiles, Sending the Macros into a Frenzy; Mid-Oct Rain Chances Increasing for N Brazil but Russia Still Dry
NASS Report Friendly Corn While Pretty Neutral Wheat and Beans
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