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Afternoon Wire
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
Chicago the Sole Wheat Able to Hold Overnight Gains; Chicago Calendar Spreads Rally Again During the Roll; Key Reversal in KN/WN Intermarket
WASDE a Sleeper for US Row Crops; Interesting By-Class Changes to US Wheat Balance Sheet
HRW Lifts the Wheat Complex as Extended Forecasts Argue for Further Deterioration of Crop Ratings
Wheat Nearly Pulls Off the Round-Tripper with Plenty of Intraday Volatility; K/N HRW, Corn, and Soybeans Make New High Moves
Overnight Wheat Rally Fails Again; HRW Forecast Sees no Near-Term Improvement
Wheat Settles Well Off the Highs, But Risk to the Upside Remains with HRS Acres Record-Low and Forecast for HRW Areas Bone Dry
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
Russian Headlines Lead Wheat Higher to Begin the Day, But There’s Debate on How Wheat Exports Will be Affected Moving Forward
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
Chicago the Sole Wheat Able to Hold Overnight Gains; Chicago Calendar Spreads Rally Again During the Roll; Key Reversal in KN/WN Intermarket
WASDE a Sleeper for US Row Crops; Interesting By-Class Changes to US Wheat Balance Sheet
HRW Lifts the Wheat Complex as Extended Forecasts Argue for Further Deterioration of Crop Ratings
Wheat Nearly Pulls Off the Round-Tripper with Plenty of Intraday Volatility; K/N HRW, Corn, and Soybeans Make New High Moves
Overnight Wheat Rally Fails Again; HRW Forecast Sees no Near-Term Improvement
Wheat Settles Well Off the Highs, But Risk to the Upside Remains with HRS Acres Record-Low and Forecast for HRW Areas Bone Dry
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
Russian Headlines Lead Wheat Higher to Begin the Day, But There’s Debate on How Wheat Exports Will be Affected Moving Forward
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