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Afternoon Wire
KC March Wheat Settles at the Low Tick From Aug as the Search for Demand Continues; Chicago Wheat Attempting to Price as Feedgrain
Wheat Gives up Early Gains; Choppy Trade Expected into Thursday’s Acreage Numbers
Wheat Leads the Way Lower as Russian Export Potential Remains High; Jul-Dec Exports Third Highest on Record
Ag markets sell off to begin the year….
Soybeans Lead the Pack Higher After Forecasts Turn Drier for Argentina; Chicago Wheat Makes a New Move High, Best Level Since Dec 1st
Soybeans Scream to 6-Month Highs as China Ditches Zero-Covid Policy and Forecasts Remain Dry in Argentina; Farmers Unleash with Major Selling Noted Above $15
Chicago Wheat Finally Manages a Settle Above the 20-day MA, Turning Technical Momentum Higher in the Process
Spring Wheat Leads the Complex Higher as Grower Selling Remains Absent; Soybeans and Corn Take Back Yesterday’s Losses as Argentina Forecast Turns Back Drier
Holiday Trade Sees Corn and Beans Grind Lower After Weekend Rains in Argy; Wheat Trades Fifteen Cents Off the Lows as Toledo Receipts, Albeit just 65, Get Cancelled Again
KC March Wheat Settles at the Low Tick From Aug as the Search for Demand Continues; Chicago Wheat Attempting to Price as Feedgrain
Wheat Gives up Early Gains; Choppy Trade Expected into Thursday’s Acreage Numbers
Wheat Leads the Way Lower as Russian Export Potential Remains High; Jul-Dec Exports Third Highest on Record
Ag markets sell off to begin the year….
Soybeans Lead the Pack Higher After Forecasts Turn Drier for Argentina; Chicago Wheat Makes a New Move High, Best Level Since Dec 1st
Soybeans Scream to 6-Month Highs as China Ditches Zero-Covid Policy and Forecasts Remain Dry in Argentina; Farmers Unleash with Major Selling Noted Above $15
Chicago Wheat Finally Manages a Settle Above the 20-day MA, Turning Technical Momentum Higher in the Process
Spring Wheat Leads the Complex Higher as Grower Selling Remains Absent; Soybeans and Corn Take Back Yesterday’s Losses as Argentina Forecast Turns Back Drier
Holiday Trade Sees Corn and Beans Grind Lower After Weekend Rains in Argy; Wheat Trades Fifteen Cents Off the Lows as Toledo Receipts, Albeit just 65, Get Cancelled Again
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