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Afternoon Wire
Grains Close Higher, Well Off Day Session Open Lows; Russian Wheat Prices Holding Steady as Winter Wheat Futures Plunge into Newer Multi-year Lows
Wheat Back Near Support Areas, Unable to Find an Upside Spark; Soybeans Rally on Hopes that China is Back for New Crop in a Major Way; WQC HRS Tour Findings Support NASS’ Record ND Yield
Row Crop Price Direction Dependent on Intensity of Upcoming Heat/Precip; Everything Closes Well Off the Highs as New Bullish Inputs Lack
Row Crops Continue their Mini-Rally but Run into Some Technical Resistance; Wheat Chops Around Most of the Session; Wheat Tour Day 1 Results Later Tonight
Soybeans 30+ Higher as Chatter of Hot Temps in August Worries the Record Net Fund Short; Corn and Wheat Follow with Less Enthusiasm
Wheat Trying to Turn Technical Momentum Higher After the WK24 Double-Bottom Holds Again
Chicago Wheat Barely Holds Major Support from the WK24 Double Bottom
Ags on the Defensive as we Crash Into Newer Multi-Year Lows
WASDE Brings A Couple Bullish Tidbits for Corn and Beans; US All-Wheat Carryout Grows 150+MBU
Grains Close Higher, Well Off Day Session Open Lows; Russian Wheat Prices Holding Steady as Winter Wheat Futures Plunge into Newer Multi-year Lows
Wheat Back Near Support Areas, Unable to Find an Upside Spark; Soybeans Rally on Hopes that China is Back for New Crop in a Major Way; WQC HRS Tour Findings Support NASS’ Record ND Yield
Row Crop Price Direction Dependent on Intensity of Upcoming Heat/Precip; Everything Closes Well Off the Highs as New Bullish Inputs Lack
Row Crops Continue their Mini-Rally but Run into Some Technical Resistance; Wheat Chops Around Most of the Session; Wheat Tour Day 1 Results Later Tonight
Soybeans 30+ Higher as Chatter of Hot Temps in August Worries the Record Net Fund Short; Corn and Wheat Follow with Less Enthusiasm
Wheat Trying to Turn Technical Momentum Higher After the WK24 Double-Bottom Holds Again
Chicago Wheat Barely Holds Major Support from the WK24 Double Bottom
Ags on the Defensive as we Crash Into Newer Multi-Year Lows
WASDE Brings A Couple Bullish Tidbits for Corn and Beans; US All-Wheat Carryout Grows 150+MBU
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