Afternoon Wire

Afternoon Wire 5/6/24

Fifty Cent Range in KWN! Talk of Production Cuts in Russia Dominate Today’s Wheat Trade

Afternoon Wire 5/2/24

Soybeans Lead on Fears of Production Losses After Massive Flooding in RGDS; Corn Back to March 28th Levels With Important Technical Objectives Right Near the Market

Afternoon Wire 5/1/24

Correction Continues in Winter Wheat as Big Carries Start Making Their Way in Calendar Spreads

Afternoon Wire 4/30/24

HRW Resumes its Technical Correction After Failing at the 200-Day MA Friday and Yesterday; Some Forecasts Calling for Rains in Parched Areas of KS

Afternoon Wire 4/29/24

Chicago Wheat Leads the Way Lower After the 200-day MA Failed on Friday; Downside Technical Objective for WN Sits Around 575

Afternoon Wire 4/25/24

Wheat Continues its Surge on N Hemisphere Weather Concerns; Fund Short Covering Active as Technical Momentum Stays Strong

Afternoon Wire 4/23/24

Crop Ratings, Russian Dryness, and a Chart Breakout Help Push Wheat Above the 100-day MA

Afternoon Wire 4/22/24

Wheat Leads the Charge After Managed Money Found Themselves Extremely Short to End Last Week; Funds Covering Into Active Grower Selling

Afternoon Wire 4/18/24

Lack of Fresh Inputs Keeping Wheat in its Recent Range; Row Crops Continue to Drift Towards the Lows

Afternoon Wire 4/17/24

Weather Markets at Their Finest with KC Leading the Decline

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