Afternoon Wire

Afternoon Wire 10/16/23

HRS Gains Premium on Winters as Managed Money Finds Themselves Near-Record Short at 2.5 Year Lows; NOPA Soyoil Stocks Supportive, Coming in at 9-Year Lows

Afternoon Wire 10/12/23

NASS Cuts Row Crop Yields, Sparking a Nice Short Covering Bounce; Chicago Wheat Gains on Hard Wheat After Ending Stock Build Plagues HRS and HRW

Afternoon Wire 10/10/23

Wheat Struggles as Russia Continues to Offer Wheat Well Below $270/mt in Private Deals; Row Crops Stuck with Harvest Progressing

Afternoon Wire 10/9/23

Row Crops Ignore the 5% Rise in Crude Oil, Settle Lower on the Day as Harvest Pressure Cannot Overcome Geopolitical Strife in the Middle East

Afternoon Wire 10/5/23

Wheat Leads the Way Higher After Rumors of a Ukrainian Cargo Ship Hitting a Mine in the Black Sea; Corn Approaches $5 After Finally Taking Out 4.90 Resistance

Afternoon Wire 10/4/23

Wheat Unable to Close Higher Three Days in a Row, July was the Last Time; Corn Still Holding Its 4.80-4.90 Range

Afternoon Wire 10/3/23

Wheat Gets Some Upside Follow Through After SRW Flash Sales to China; Harvest Keeps a Lid on Row Crop Upside

Afternoon Wire 10/2/23

Wheat and Corn Post Nice Gains After Friday’s Bloodbath; A Bounce Off Oversold Technicals But Too Soon to Call a Bottom

Afternoon Wire 9/28/23

Corn Firms Ahead of Report Day Tomorrow; Wheat/Corn Trades Back to its Low as Hard Wheat Pressures the Complex

Afternoon Wire 9/27/23

Aggressive EU Offers to Egypt Keep Wheat Market Pressured; Row Crops Content to Chop Around Until Friday’s Data Dump

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