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Afternoon Wire
Fed Acknowledges That Inflation Will Extend Into Next Year, But the Correction Off Move Highs Continued for Corn and Wheat; Crude Oil’s Drop A Major Factor Today
Wheat and Corn Take a Breather From the Recent Rally, While Soybeans Eke Out a Settle Above Trendline Resistance
World Wheat Purchases Send All Wheats to New Contract Highs
USD Index Drops to Lowest Level in a Month, Fueling Inflation Fears
Corn Screams Higher on Bullish EIA Report After Cruising Through Long-Term Resistance; Soybeans Pull a Big Round-Tripper and Settle Unch; Wheat Reverses Overnight Lower Trade with Chicago Leading the Way
Corn Firms on Strengthening Processor Bids; Soybeans Trade Both Sides of Unch but Ultimately Settle Flat; Spring Wheat Takes a Wild Ride with a 30-Cent Range as Winter Wheats Follow Reluctantly
Soybeans Recover From Nov OPEX on Chinese Interest; Corn Tries both Sides of Unch But Fails to Gain Any Traction; Spring Wheat Soars to Another Contract High
Market “Sells the Fact” After Impressive Row Crop Export Sales; Wheat Sells Off After Failing at Overhead Resistance Last Night
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
Fed Acknowledges That Inflation Will Extend Into Next Year, But the Correction Off Move Highs Continued for Corn and Wheat; Crude Oil’s Drop A Major Factor Today
Wheat and Corn Take a Breather From the Recent Rally, While Soybeans Eke Out a Settle Above Trendline Resistance
World Wheat Purchases Send All Wheats to New Contract Highs
USD Index Drops to Lowest Level in a Month, Fueling Inflation Fears
Corn Screams Higher on Bullish EIA Report After Cruising Through Long-Term Resistance; Soybeans Pull a Big Round-Tripper and Settle Unch; Wheat Reverses Overnight Lower Trade with Chicago Leading the Way
Corn Firms on Strengthening Processor Bids; Soybeans Trade Both Sides of Unch but Ultimately Settle Flat; Spring Wheat Takes a Wild Ride with a 30-Cent Range as Winter Wheats Follow Reluctantly
Soybeans Recover From Nov OPEX on Chinese Interest; Corn Tries both Sides of Unch But Fails to Gain Any Traction; Spring Wheat Soars to Another Contract High
Market “Sells the Fact” After Impressive Row Crop Export Sales; Wheat Sells Off After Failing at Overhead Resistance Last Night
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
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