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Afternoon Wire
Corn Gets Help From a Bullish EIA Report and Soybeans Rise with Global Veg Oil Markets and Screaming Crush Margins; Winter Wheats Approach Contract Highs with MW Taking Off Again
Soybeans Rally on the Back of Canola and Palm Oil Strength; Corn and Wheat Chop Around on Small Ranges
A Lightly Traded Session with Demand the Main Driver Moving Forward; Export Inspections Show the Gulf is Back to Normal Capacity
Corn Recovers a Bit After a Friendly EIA Report; Soybean Crush Margins Firm Again; Wheat Higher After China Rumored to Buy 4 French Cargos
KC Wheat Leads the Way Lower After Yesterday’s Expected Cuts to Ending Stocks Failed to Turn Momentum Higher
A Bearish Row Crop WASDE Report on Larger than Expected Ending Stocks/Production; Wheat Escapes with Minor Gains as MWZ Scores Another Contract High
Soybeans Settle Below Key Support as Trade Expects Bearish Production/Stocks; Corn and Wheat Spend The Entire Day Near Unch on Tiny Ranges
Row Crops Eke Out Higher Settles After Decent Export Sales and a $4 Bounce Off the Lows in Crude; Uneventful Day in Wheat with MW Back to $2 Premium
Energy Complex Dictates Row Crop Price Action; Minneapolis Wheat Looks to Continue its Run as Dec Settles at Contract High
Corn Gets Help From a Bullish EIA Report and Soybeans Rise with Global Veg Oil Markets and Screaming Crush Margins; Winter Wheats Approach Contract Highs with MW Taking Off Again
Soybeans Rally on the Back of Canola and Palm Oil Strength; Corn and Wheat Chop Around on Small Ranges
A Lightly Traded Session with Demand the Main Driver Moving Forward; Export Inspections Show the Gulf is Back to Normal Capacity
Corn Recovers a Bit After a Friendly EIA Report; Soybean Crush Margins Firm Again; Wheat Higher After China Rumored to Buy 4 French Cargos
KC Wheat Leads the Way Lower After Yesterday’s Expected Cuts to Ending Stocks Failed to Turn Momentum Higher
A Bearish Row Crop WASDE Report on Larger than Expected Ending Stocks/Production; Wheat Escapes with Minor Gains as MWZ Scores Another Contract High
Soybeans Settle Below Key Support as Trade Expects Bearish Production/Stocks; Corn and Wheat Spend The Entire Day Near Unch on Tiny Ranges
Row Crops Eke Out Higher Settles After Decent Export Sales and a $4 Bounce Off the Lows in Crude; Uneventful Day in Wheat with MW Back to $2 Premium
Energy Complex Dictates Row Crop Price Action; Minneapolis Wheat Looks to Continue its Run as Dec Settles at Contract High
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