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Afternoon Wire
Markets in a Holding Pattern, Waiting for Next Black Sea Headline
Limit Up Settle in Chicago Wheat After Russians Target River Facilities in Ukraine Overnight; 90-Cent Expanded Limits Tomorrow in KC and Chicago
After a Wild Overnight Session, Wheat Settles in to Hover Around Unch All Day; Black Sea Turmoil Keeps Traders From Selling Aggressively
Winter Wheats Both Touch Limit Up as Russia Declares “All Ships Arriving to Ukrainian Ports are Enemies of War”
Managed Money Corn Short Gets Blown Out Again as the Heat Turns up This Weekend; Abnormally High Temps Expected into the First Week of August
Wheat Rips Higher Overnight on Russia’s Termination of Corridor Deal but Quickly Sells Off Once Day Session Begins
Sharp Fall in USD Index Creates Some Excitement in Ag Markets; Rumors Swirl About an Indian Gov Announcement for Zero Import Duty on Wheat
WASDE Brings No Bullish Surprises as Dec Corn Trades Lowest Levels Since Oct 2021
Soybeans the Big Winner After Chinese Demands Returns to the US; Winter Wheat Grinds Lower as Production is Expected to Uptick on the NASS Report
Markets in a Holding Pattern, Waiting for Next Black Sea Headline
Limit Up Settle in Chicago Wheat After Russians Target River Facilities in Ukraine Overnight; 90-Cent Expanded Limits Tomorrow in KC and Chicago
After a Wild Overnight Session, Wheat Settles in to Hover Around Unch All Day; Black Sea Turmoil Keeps Traders From Selling Aggressively
Winter Wheats Both Touch Limit Up as Russia Declares “All Ships Arriving to Ukrainian Ports are Enemies of War”
Managed Money Corn Short Gets Blown Out Again as the Heat Turns up This Weekend; Abnormally High Temps Expected into the First Week of August
Wheat Rips Higher Overnight on Russia’s Termination of Corridor Deal but Quickly Sells Off Once Day Session Begins
Sharp Fall in USD Index Creates Some Excitement in Ag Markets; Rumors Swirl About an Indian Gov Announcement for Zero Import Duty on Wheat
WASDE Brings No Bullish Surprises as Dec Corn Trades Lowest Levels Since Oct 2021
Soybeans the Big Winner After Chinese Demands Returns to the US; Winter Wheat Grinds Lower as Production is Expected to Uptick on the NASS Report
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