Afternoon Wire

Afternoon Wire 8/20/24

Wheat Continues to Trade in the Middle of its Recent Range, But USD Index Breakout Could Spur Macro-Led Funds to Liquidate Some Shorts

Afternoon Wire 8/19/24

Row Crops Get Some Help From Extended Weather Forecasts and Decent Export Sales; Wheat Chops Again with WU24 Staying in the Middle of the Recent Range

Afternoon Wire 8/15/24

Overnight Wheat Rally Thwarted After Russia’s Attack on Odessa is Deemed Insignificant; KWU24 Settles on Contract Lows

Afternoon Wire 8/14/24

Chicago Wheat Spreads Catch a Bid Post-Index Roll; Russian Wheat Export Prices Stuck Around $220/MT

Afternoon Wire 8/13/24

Soybeans Get Whacked as Market Digests the Bearish WASDE; Hard Wheat Gains on Soft Wheat as Matif Makes a New Move Low

Afternoon Wire 8/12/24

WASDE Leans Less Bearish on Corn and HRS; Soybean Carryout Explodes to Second Highest on Record

Afternoon Wire 8/8/24

Index Roll continues to pressure front end of Grains, Macro markets turn favorable as labor market fears ease

Afternoon Wire 8/7/24

Chicago Wheat, Dragged Down by Corn, Settles Lower After Five Consecutive Higher Sessions

Afternoon Wire 8/6/24

Chicago Wheat Makes a Higher High for the Fifth Session in a Row

Afternoon Wire 8/5/24

Outside Markets Somewhat Calmer in the Day Session; Still Too Much Uncertainty/Risk-Off to Feel Great About Anything

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