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Afternoon Wire
Wheat Gets Smoked Again with HRW Cash Bids in a Freefall; A Trade Back Towards the Lower End of The Recent Range Seems Likely
Fed Cuts Rates 0.5% in a Widely Expected Move; Wheat Continues its Low-Volume Chop as Spec Money Stays Sidelined
Listless Trade in Grains as Volume Dries Up; Macro Markets Await Tomorrow’s Fed Decision and the Schedule for Additional Rate Cuts Moving Forward
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
WASDE Comes and Goes with Little Fanfare; Chicago Wheat Trades its Highest since 7/12 as Black Sea Geopolitical and Weather Headlines Dominate
Wheat Creeps Back to the High End of the Recent Rally as Fund Shorts Get Nervous About Russian Dryness
Wheat Trades in the Green All Day While Row Crops Feel Some Weakness Spill Over from the Energy Markets
Spring Wheat Falls After StatsCan Revises Old Crop Ending Stocks
Chicago Wheat and Corn Check Back to Their 50-day MAs and Bounce; Spring Wheat Continues to Grind Higher with Market Structure Staying Friendly
Wheat Gets Smoked Again with HRW Cash Bids in a Freefall; A Trade Back Towards the Lower End of The Recent Range Seems Likely
Fed Cuts Rates 0.5% in a Widely Expected Move; Wheat Continues its Low-Volume Chop as Spec Money Stays Sidelined
Listless Trade in Grains as Volume Dries Up; Macro Markets Await Tomorrow’s Fed Decision and the Schedule for Additional Rate Cuts Moving Forward
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
WASDE Comes and Goes with Little Fanfare; Chicago Wheat Trades its Highest since 7/12 as Black Sea Geopolitical and Weather Headlines Dominate
Wheat Creeps Back to the High End of the Recent Rally as Fund Shorts Get Nervous About Russian Dryness
Wheat Trades in the Green All Day While Row Crops Feel Some Weakness Spill Over from the Energy Markets
Spring Wheat Falls After StatsCan Revises Old Crop Ending Stocks
Chicago Wheat and Corn Check Back to Their 50-day MAs and Bounce; Spring Wheat Continues to Grind Higher with Market Structure Staying Friendly
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