Afternoon Wire

Afternoon Wire 9/26/24

Everything Ends on the Lows After Firm Trade to Start The Session

Afternoon Wire 9/25/24

September Weather Market Saga Continues; Forecast Still Dry in Russia and N Brazil into the First Week of October

Afternoon Wire 9/24/24

Tug O’ War Between Bearish Balance Sheets and Threatening Weather Continues; Could be Weeks Before a Clear Winner is Determined

Afternoon Wire 9/23/24

Higher Start to the Week as Dryness in Brazil and the Black Sea Continue to Spur Short Covering

Afternoon Wire 9/19/24

Wheat Gets Smoked Again with HRW Cash Bids in a Freefall; A Trade Back Towards the Lower End of The Recent Range Seems Likely

Afternoon Wire 9/18/24

Fed Cuts Rates 0.5% in a Widely Expected Move; Wheat Continues its Low-Volume Chop as Spec Money Stays Sidelined

Afternoon Wire 9/17/24

Listless Trade in Grains as Volume Dries Up; Macro Markets Await Tomorrow’s Fed Decision and the Schedule for Additional Rate Cuts Moving Forward

Afternoon Wire 9/16/24

Short-Covering in Wheat Takes a Pause to Begin the Week After Black Sea Geopolitical News Stays Quiet Over the Weekend; HRW Belt to See Big Rains Fri-Tues

Afternoon Wire 9/12/24

WASDE Comes and Goes with Little Fanfare; Chicago Wheat Trades its Highest since 7/12 as Black Sea Geopolitical and Weather Headlines Dominate

Afternoon Wire 9/11/24

Wheat Creeps Back to the High End of the Recent Rally as Fund Shorts Get Nervous About Russian Dryness

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