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Afternoon Wire
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
No Turnaround Tuesday with Spring Wheat Leading the Selloff; Winter Wheat Calendar Spreads Begin to Tighten as Lower Prices Should Start to Attract End User Demand
CBOT on the Defensive to Begin the Week
No WASDE Fireworks After Gov Releases Production/Carryout Figures Largely in Line with Expectations
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
No Turnaround Tuesday with Spring Wheat Leading the Selloff; Winter Wheat Calendar Spreads Begin to Tighten as Lower Prices Should Start to Attract End User Demand
CBOT on the Defensive to Begin the Week
No WASDE Fireworks After Gov Releases Production/Carryout Figures Largely in Line with Expectations
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