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Afternoon Wire
Ags Settle Way Off the Highs After CONAB makes a Monster Cut to Soybean Production; Wheat Fails to Attract Major Demand on Last Week’s Break
Market Holds Pre-Report Gains as WASDE Report is Largely Ignored; SA Forecasts Show No Improvement as Corn and Beans Push to New Contract Highs
StatsCan Stocks Report Rallies All Wheat 25-30 Off Early Morning Lows; Soybeans and Corn Take a Little Breather but Bullish Trend Still Intact
Row Crops Shine as SA Production Woes Continue to Take Center Stage; Wheat Reluctantly Goes Along
Ugly Weekly Export Sales and a Weak Matif Performance Send Chicago Wheat Straight to Support Levels Before Bouncing; Soybeans Have a Normal 30-Cent Range Day and close Unch; Corn Market Waits for Clarification on Chinese Cancellations
Soybeans Up for the 7th Session in a Row; Wheat Now 20-30 Cents Away From Support Levels; USDA Attaché Lowers Chinese Corn Imports to 20MMT
Soybeans Explode Higher After Another Round of Analyst Cuts to SA Production; Corn Takes Back Yesterday’s Losses and Wheat Tries to Stabilize After the Blood Bath
Wheat Tanks to End The Month After Russia/Ukraine Weekend News Fails to Provide a Spark; Corn Follows Wheat; Soybeans Firm as Fresh SA Production Estimates Decline Further
KC Wheat Back to Unch on the Week as Monday & Tuesday Buying Frenzy Fizzles Out; Wheat Export Sales a Marketing Year High as Global Demand Showed Up After the Break to Multi-Month Lows; Corn Still Perma-Bid as River Cif Basis Firms Again; Soybeans to Another Move High and up $1+ this Month
Ags Settle Way Off the Highs After CONAB makes a Monster Cut to Soybean Production; Wheat Fails to Attract Major Demand on Last Week’s Break
Market Holds Pre-Report Gains as WASDE Report is Largely Ignored; SA Forecasts Show No Improvement as Corn and Beans Push to New Contract Highs
StatsCan Stocks Report Rallies All Wheat 25-30 Off Early Morning Lows; Soybeans and Corn Take a Little Breather but Bullish Trend Still Intact
Row Crops Shine as SA Production Woes Continue to Take Center Stage; Wheat Reluctantly Goes Along
Ugly Weekly Export Sales and a Weak Matif Performance Send Chicago Wheat Straight to Support Levels Before Bouncing; Soybeans Have a Normal 30-Cent Range Day and close Unch; Corn Market Waits for Clarification on Chinese Cancellations
Soybeans Up for the 7th Session in a Row; Wheat Now 20-30 Cents Away From Support Levels; USDA Attaché Lowers Chinese Corn Imports to 20MMT
Soybeans Explode Higher After Another Round of Analyst Cuts to SA Production; Corn Takes Back Yesterday’s Losses and Wheat Tries to Stabilize After the Blood Bath
Wheat Tanks to End The Month After Russia/Ukraine Weekend News Fails to Provide a Spark; Corn Follows Wheat; Soybeans Firm as Fresh SA Production Estimates Decline Further
KC Wheat Back to Unch on the Week as Monday & Tuesday Buying Frenzy Fizzles Out; Wheat Export Sales a Marketing Year High as Global Demand Showed Up After the Break to Multi-Month Lows; Corn Still Perma-Bid as River Cif Basis Firms Again; Soybeans to Another Move High and up $1+ this Month
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