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Afternoon Wire
Chicago Wheat Spreads Catch a Bid Post-Index Roll; Russian Wheat Export Prices Stuck Around $220/MT
Soybeans Get Whacked as Market Digests the Bearish WASDE; Hard Wheat Gains on Soft Wheat as Matif Makes a New Move Low
WASDE Leans Less Bearish on Corn and HRS; Soybean Carryout Explodes to Second Highest on Record
Index Roll continues to pressure front end of Grains, Macro markets turn favorable as labor market fears ease
Chicago Wheat, Dragged Down by Corn, Settles Lower After Five Consecutive Higher Sessions
Chicago Wheat Makes a Higher High for the Fifth Session in a Row
Outside Markets Somewhat Calmer in the Day Session; Still Too Much Uncertainty/Risk-Off to Feel Great About Anything
Wheat Shows Resilience All Week; Feels Like an Upcoming Short-Covering Rally is Imminent
US Wheat Futures Ignore Matif’s 5 Euro Higher Day; Deja Vu in Row Crops With New Contract Lows
Chicago Wheat Spreads Catch a Bid Post-Index Roll; Russian Wheat Export Prices Stuck Around $220/MT
Soybeans Get Whacked as Market Digests the Bearish WASDE; Hard Wheat Gains on Soft Wheat as Matif Makes a New Move Low
WASDE Leans Less Bearish on Corn and HRS; Soybean Carryout Explodes to Second Highest on Record
Index Roll continues to pressure front end of Grains, Macro markets turn favorable as labor market fears ease
Chicago Wheat, Dragged Down by Corn, Settles Lower After Five Consecutive Higher Sessions
Chicago Wheat Makes a Higher High for the Fifth Session in a Row
Outside Markets Somewhat Calmer in the Day Session; Still Too Much Uncertainty/Risk-Off to Feel Great About Anything
Wheat Shows Resilience All Week; Feels Like an Upcoming Short-Covering Rally is Imminent
US Wheat Futures Ignore Matif’s 5 Euro Higher Day; Deja Vu in Row Crops With New Contract Lows
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