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Afternoon Wire
Wheat Leads Ags Lower, Following Yesterday’s Reversal in Price; Kansas Rains Creep West on the 7-Day GFS
Rains for Central KS Show Up in the 7-Day GFS, Holding Back the Wheat Complex; A Bigger Break Will Unfold on Liquidation If Rains Push West a Couple Hundred Miles
KC Wheat Settles Nearly 30 Cents Off Overnight Lows, Now 50 Cents Off Lows From Thursday; Market Senses Time Running Out for Wheat in W Kansas
KWN Trades Right Down to the 50% Retracement from Feb 14th Highs and March 10th Lows; Two Weeks of Historically Bad Ratings Aren’t Enough to Sustain a Rally, Yet
Chicago the Sole Wheat Able to Hold Overnight Gains; Chicago Calendar Spreads Rally Again During the Roll; Key Reversal in KN/WN Intermarket
WASDE a Sleeper for US Row Crops; Interesting By-Class Changes to US Wheat Balance Sheet
HRW Lifts the Wheat Complex as Extended Forecasts Argue for Further Deterioration of Crop Ratings
Wheat Nearly Pulls Off the Round-Tripper with Plenty of Intraday Volatility; K/N HRW, Corn, and Soybeans Make New High Moves
Overnight Wheat Rally Fails Again; HRW Forecast Sees no Near-Term Improvement
Wheat Leads Ags Lower, Following Yesterday’s Reversal in Price; Kansas Rains Creep West on the 7-Day GFS
Rains for Central KS Show Up in the 7-Day GFS, Holding Back the Wheat Complex; A Bigger Break Will Unfold on Liquidation If Rains Push West a Couple Hundred Miles
KC Wheat Settles Nearly 30 Cents Off Overnight Lows, Now 50 Cents Off Lows From Thursday; Market Senses Time Running Out for Wheat in W Kansas
KWN Trades Right Down to the 50% Retracement from Feb 14th Highs and March 10th Lows; Two Weeks of Historically Bad Ratings Aren’t Enough to Sustain a Rally, Yet
Chicago the Sole Wheat Able to Hold Overnight Gains; Chicago Calendar Spreads Rally Again During the Roll; Key Reversal in KN/WN Intermarket
WASDE a Sleeper for US Row Crops; Interesting By-Class Changes to US Wheat Balance Sheet
HRW Lifts the Wheat Complex as Extended Forecasts Argue for Further Deterioration of Crop Ratings
Wheat Nearly Pulls Off the Round-Tripper with Plenty of Intraday Volatility; K/N HRW, Corn, and Soybeans Make New High Moves
Overnight Wheat Rally Fails Again; HRW Forecast Sees no Near-Term Improvement
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