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Afternoon Wire
Rain Event Across NE, SD, and IA Leads to Row Crop Weakness; Wheat Follows, Albeit Reluctantly
Firm Across the Board as the Trade Waits for Yield Estimates and Updated Acreage Numbers
Wheat Complex Holds Onto Early Session Gains; Row Crop Strength Reverses as Midday Weather Updates Turn Cooler
Soybeans and Corn Find Strength, Led by Old Crop; Wheat Chops Around in Its Usual Fashion
Chicago Wheat Battles Back After IKAR Predicts a 95mmt Crop; Corn and Beans Unable to Build Upside Momentum After Weekend Rainfall Outperforms Models
Soybeans Make the Biggest Splash as China was Active Booking Off the PNW; Wheat Tries to Flip Momentum Positive After Making New Move Lows Yesterday
Chicago and Minneapolis Trade to New Move Lows; Soybeans Struggle as Rains Show Up in the EU Weather Model
Rough Day in the Grains as Weather and Geopolitics Dictate Price Action
Cooler Projected Temps Knock Row Crops From Last Week’s Highs; Wheat Sets Back as Grain Finally Moves Out of Ukraine, Pelosi’s Whereabouts and China’s Reaction to be Monitored
Rain Event Across NE, SD, and IA Leads to Row Crop Weakness; Wheat Follows, Albeit Reluctantly
Firm Across the Board as the Trade Waits for Yield Estimates and Updated Acreage Numbers
Wheat Complex Holds Onto Early Session Gains; Row Crop Strength Reverses as Midday Weather Updates Turn Cooler
Soybeans and Corn Find Strength, Led by Old Crop; Wheat Chops Around in Its Usual Fashion
Chicago Wheat Battles Back After IKAR Predicts a 95mmt Crop; Corn and Beans Unable to Build Upside Momentum After Weekend Rainfall Outperforms Models
Soybeans Make the Biggest Splash as China was Active Booking Off the PNW; Wheat Tries to Flip Momentum Positive After Making New Move Lows Yesterday
Chicago and Minneapolis Trade to New Move Lows; Soybeans Struggle as Rains Show Up in the EU Weather Model
Rough Day in the Grains as Weather and Geopolitics Dictate Price Action
Cooler Projected Temps Knock Row Crops From Last Week’s Highs; Wheat Sets Back as Grain Finally Moves Out of Ukraine, Pelosi’s Whereabouts and China’s Reaction to be Monitored
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