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Afternoon Wire
Selling Continues in the Corn Pit as the Well-Advertised Forecast Starts to Deliver
Markets Throttled Again; in just 48 Hours Chicago Wheat Off $1 from its Multi-Month High
Market Ignores Crop Ratings; Instead Focuses on Soaking Rain Events Forecast in the Next 10 Days
Big Ranges and Volatile Trade as Market Attempts to Decipher Weekend Rains and Attempted Russian “Coup”
Wheat Chops Around as Managed Money Continues Bailing on Shorts in Chicago; Midday Weather Runs Take Out IA and IL Rain Event
Up, Up, and Away…Weather Continues to be the Motivation for an All-Out Rally
A Win for the Bulls? Overnight Selling Fails to Gain Traction in Day Session
Ags Explode Higher as Overnight and Midday Runs Take Chunks of Rain out of 7-Day Forecast
Dec Corn and Nov Beans Conflicted on How to Handle Dry 7-Day Forecasts with Extended Runs Getting Wetter; Wheat Slumps a Bit as Global Values Refuse to Stage a Major Rally
Selling Continues in the Corn Pit as the Well-Advertised Forecast Starts to Deliver
Markets Throttled Again; in just 48 Hours Chicago Wheat Off $1 from its Multi-Month High
Market Ignores Crop Ratings; Instead Focuses on Soaking Rain Events Forecast in the Next 10 Days
Big Ranges and Volatile Trade as Market Attempts to Decipher Weekend Rains and Attempted Russian “Coup”
Wheat Chops Around as Managed Money Continues Bailing on Shorts in Chicago; Midday Weather Runs Take Out IA and IL Rain Event
Up, Up, and Away…Weather Continues to be the Motivation for an All-Out Rally
A Win for the Bulls? Overnight Selling Fails to Gain Traction in Day Session
Ags Explode Higher as Overnight and Midday Runs Take Chunks of Rain out of 7-Day Forecast
Dec Corn and Nov Beans Conflicted on How to Handle Dry 7-Day Forecasts with Extended Runs Getting Wetter; Wheat Slumps a Bit as Global Values Refuse to Stage a Major Rally
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