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Afternoon Wire
Back and Forth Session with Chicago Wheat Leading the Charge as Ratings Continue to Deteriorate; Trade Focused on Weather Market/Planting Delays
Concerns Over N Plains Planting Delays Ramp Up as Midday Forecast Adds More Precip to the Dakotas; ND Wettest Past 30 Days on Record
Wheat Sags After Russian Production Estimates Rise Again; Wheat/Corn Export Sales Disappoint
Wheat Recovers Late in the Day to Settle 20 Cents Off the Lows After Bouncing Off Short-Term Moving Averages; New High Settle for July Corn and Soybeans
Declining Winter Wheat Conditions Not Enough to Keep Wheat Bid During the Day Session as SRW Leads the Complex Lower
Corn Hits $8 for the First Time Since Sep2012; HRW Leads the Wheat Complex as Rain Events Shifted Away from Driest Areas
Wheat Reverses from Overnight Lower Trade as Midday Extended Forecasts Offer Less Rain for Driest HRW Areas; Global Wheat Markets Supportive; New Contract High for KWZ and WZ; MWU and CZ Again Forge New Highs
Wheat Makes New Move Highs as Matif May Settles at a Contract High; More Contract Highs for New Crop HRS and Dec Corn
Weather forecast pushes wheat higher
Back and Forth Session with Chicago Wheat Leading the Charge as Ratings Continue to Deteriorate; Trade Focused on Weather Market/Planting Delays
Concerns Over N Plains Planting Delays Ramp Up as Midday Forecast Adds More Precip to the Dakotas; ND Wettest Past 30 Days on Record
Wheat Sags After Russian Production Estimates Rise Again; Wheat/Corn Export Sales Disappoint
Wheat Recovers Late in the Day to Settle 20 Cents Off the Lows After Bouncing Off Short-Term Moving Averages; New High Settle for July Corn and Soybeans
Declining Winter Wheat Conditions Not Enough to Keep Wheat Bid During the Day Session as SRW Leads the Complex Lower
Corn Hits $8 for the First Time Since Sep2012; HRW Leads the Wheat Complex as Rain Events Shifted Away from Driest Areas
Wheat Reverses from Overnight Lower Trade as Midday Extended Forecasts Offer Less Rain for Driest HRW Areas; Global Wheat Markets Supportive; New Contract High for KWZ and WZ; MWU and CZ Again Forge New Highs
Wheat Makes New Move Highs as Matif May Settles at a Contract High; More Contract Highs for New Crop HRS and Dec Corn
Weather forecast pushes wheat higher
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