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Afternoon Wire
Fund Selling Continues Across the Ag Space; Chicago Wheat $1.50 Off the Highs From Three Weeks Ago
Wheat Gets Pounded All Session on Advancing US Winter Wheat Harvest and Falling Global Values
Chicago Calendar Spreads Rally on Last Day of Index Roll, Putting a Storage Expansion to 11 Cents/Month into Major Question; New Crop Corn Leads on Upcoming Heat Risk
Cuts to Black Sea Production Not Enough to Rally Wheat; HRW and HRS Make New Move Lows
Chicago Wheat Halts its Losing Streak at 9 Sessions; Calendar Spreads Race Higher After Carries Got Stretched Over the Past Week
Wheat Gets Eviscerated as Chicago Closes Lower for the Ninth Consecutive Session
Corn Rallies Sharply From the 4.40 Support Area; Wheat/Corn Spread Gets Smoked as Harvest Kicks into High Gear Well Ahead of Normal Pace
Lower Russian Production Estimate Fails to Rally Wheat; Bearish Chart and Harvest Pressure Controlling Things at the Moment
Algerian and Egyptian Tenders Fail to Provide a Spark to the Wheat Market
Fund Selling Continues Across the Ag Space; Chicago Wheat $1.50 Off the Highs From Three Weeks Ago
Wheat Gets Pounded All Session on Advancing US Winter Wheat Harvest and Falling Global Values
Chicago Calendar Spreads Rally on Last Day of Index Roll, Putting a Storage Expansion to 11 Cents/Month into Major Question; New Crop Corn Leads on Upcoming Heat Risk
Cuts to Black Sea Production Not Enough to Rally Wheat; HRW and HRS Make New Move Lows
Chicago Wheat Halts its Losing Streak at 9 Sessions; Calendar Spreads Race Higher After Carries Got Stretched Over the Past Week
Wheat Gets Eviscerated as Chicago Closes Lower for the Ninth Consecutive Session
Corn Rallies Sharply From the 4.40 Support Area; Wheat/Corn Spread Gets Smoked as Harvest Kicks into High Gear Well Ahead of Normal Pace
Lower Russian Production Estimate Fails to Rally Wheat; Bearish Chart and Harvest Pressure Controlling Things at the Moment
Algerian and Egyptian Tenders Fail to Provide a Spark to the Wheat Market
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