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Afternoon Wire
USD Drops as Market Expects Interest Rate Climb to Pause; Long Liquidation in Corn and Beans Meets Short Liquidation in Wheat
Grains Pummeled as Chart Breakdown Continues; May Corn Should See Major Support 590-600
WASDE Cuts SA Crops Aggressively and More Expected on Subsequent Reports; Corn Drops as US Exports Cut 75 mbu
Spring Wheat Hit With Fund Selling as we Approach $8.50 lows from Last August
New Low Settlements for Winter Wheats; Bean Meal Trades a Contract High; Corn Stuck in Between
Wheat Manages Consecutive Higher Days On Russia Corridor Comments and Wobbling Precip Forecasts for Kansas
Row Crop Basis Firms, Showing the Recent Break May’ve Brought Some Demand to the US; Wheat Needs Russian Values to Rise in Order to Sustain a Rally
Ags Fall After Deliveries Against the March Show Up Across the Complex
Ags Stay in Sell Mode as we Get Deliveries Tonight; State by State Conditions Out Later This Afternoon
USD Drops as Market Expects Interest Rate Climb to Pause; Long Liquidation in Corn and Beans Meets Short Liquidation in Wheat
Grains Pummeled as Chart Breakdown Continues; May Corn Should See Major Support 590-600
WASDE Cuts SA Crops Aggressively and More Expected on Subsequent Reports; Corn Drops as US Exports Cut 75 mbu
Spring Wheat Hit With Fund Selling as we Approach $8.50 lows from Last August
New Low Settlements for Winter Wheats; Bean Meal Trades a Contract High; Corn Stuck in Between
Wheat Manages Consecutive Higher Days On Russia Corridor Comments and Wobbling Precip Forecasts for Kansas
Row Crop Basis Firms, Showing the Recent Break May’ve Brought Some Demand to the US; Wheat Needs Russian Values to Rise in Order to Sustain a Rally
Ags Fall After Deliveries Against the March Show Up Across the Complex
Ags Stay in Sell Mode as we Get Deliveries Tonight; State by State Conditions Out Later This Afternoon
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