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Afternoon Wire
Corn, Wheat Make New Move Lows as the Search for Demand Continues
Wheat Struggles to Begin the Week Before Closing A Dime Off the Lows in the Winter Variety; Beans Supported by a Hot and Dry Forecast Over the Next 10 Days; Corn Stuck in Between
Wheat Struggles Without the Help of Black Sea Headlines and on Expectations for Larger Winter Wheat Production on Friday’s NASS Report
Overnight Break Leads to Some End User Buying; Markets End the Day Slightly Higher in a Passionless Session
Wheat Slides Again After Chicago Trendline Support Fails; Liquidation of Managed Money Longs in Hard Wheat Continues Another Day as Grower Selling Dries Up
Overnight Wheat Buyers Turn Sellers Once the Day Session Opened; Headlines Not Enough to Support Wheat as Russia is Projected for 5MMT of August Exports
Wheat Slides Again But Settles a Dime Off The Lows; Corn Down With More Confidence in 10-day Forecast; Soybeans Run Into Chinese Buying After Yesterday’s Break
Wheat Reacts to Weak Cash Markets and No New Port Attacks Over the Weekend; Row Crops Follow in Sympathy and with a Slightly Better Forecast
Wheat Chops Around, Unable to Sustain Overnight Rally on Odesa Attack; WQC Tour Finds A Decent ND Crop
Corn, Wheat Make New Move Lows as the Search for Demand Continues
Wheat Struggles to Begin the Week Before Closing A Dime Off the Lows in the Winter Variety; Beans Supported by a Hot and Dry Forecast Over the Next 10 Days; Corn Stuck in Between
Wheat Struggles Without the Help of Black Sea Headlines and on Expectations for Larger Winter Wheat Production on Friday’s NASS Report
Overnight Break Leads to Some End User Buying; Markets End the Day Slightly Higher in a Passionless Session
Wheat Slides Again After Chicago Trendline Support Fails; Liquidation of Managed Money Longs in Hard Wheat Continues Another Day as Grower Selling Dries Up
Overnight Wheat Buyers Turn Sellers Once the Day Session Opened; Headlines Not Enough to Support Wheat as Russia is Projected for 5MMT of August Exports
Wheat Slides Again But Settles a Dime Off The Lows; Corn Down With More Confidence in 10-day Forecast; Soybeans Run Into Chinese Buying After Yesterday’s Break
Wheat Reacts to Weak Cash Markets and No New Port Attacks Over the Weekend; Row Crops Follow in Sympathy and with a Slightly Better Forecast
Wheat Chops Around, Unable to Sustain Overnight Rally on Odesa Attack; WQC Tour Finds A Decent ND Crop
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