Afternoon Wire

Afternoon Wire 4/18/23

Rains for Central KS Show Up in the 7-Day GFS, Holding Back the Wheat Complex; A Bigger Break Will Unfold on Liquidation If Rains Push West a Couple Hundred Miles

Afternoon Wire 4/17/23

KC Wheat Settles Nearly 30 Cents Off Overnight Lows, Now 50 Cents Off Lows From Thursday; Market Senses Time Running Out for Wheat in W Kansas

Afternoon Wire 4/13/23

KWN Trades Right Down to the 50% Retracement from Feb 14th Highs and March 10th Lows; Two Weeks of Historically Bad Ratings Aren’t Enough to Sustain a Rally, Yet

Afternoon Wire 4/12/23

Chicago the Sole Wheat Able to Hold Overnight Gains; Chicago Calendar Spreads Rally Again During the Roll; Key Reversal in KN/WN Intermarket

Afternoon Wire 4/11/23

WASDE a Sleeper for US Row Crops; Interesting By-Class Changes to US Wheat Balance Sheet

Afternoon Wire 4/10/23

HRW Lifts the Wheat Complex as Extended Forecasts Argue for Further Deterioration of Crop Ratings

Afternoon Wire 4/5/23

Wheat Nearly Pulls Off the Round-Tripper with Plenty of Intraday Volatility; K/N HRW, Corn, and Soybeans Make New High Moves

Afternoon Wire 4/4/23

Overnight Wheat Rally Fails Again; HRW Forecast Sees no Near-Term Improvement

Afternoon Wire 4/3/23

Wheat Settles Well Off the Highs, But Risk to the Upside Remains with HRS Acres Record-Low and Forecast for HRW Areas Bone Dry

Afternoon Wire 3/30/23

Quiet Day in Ags Ahead of Tomorrow’s Stocks/Plantings Reports; KW/W Back to All-time Highs as Chicago Wheat Remains the Preferred Short Leg of All Intermarket Spreads

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