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Morning Wire
Quiet US ag markets awaiting the crop report tomorrow, crude oil blowing up on its daily chart up another 2.00 this AM.
Quiet US ag overnights, Malaysian palm continues to scream higher.
Spring wheat on new daily highs again testing Aug 8 year highs, oats new all time highs, funds talking inflation again.
Explosions in Malaysian palmoil, cotton, oats. MGE wheat testing contract highs. Other US ags following. SX1 key reversed higher yesterday and slightly followed through overnight.
US wheats succumb to profit taking after KC and MGE wheat fail at highs, Malaysian Palmoil takes off to the upside on bullish fundamentals, crude oil still screaming higher.
Lower soybeans overnight, mixed to muddled in the rest. Wheat remains bullish globally.
The report was bullish wheat, and overnight wheat continued its rally. US HRW on new Sep-Oct highs, Matif wheat on new contract highs.
Quiet ag markets awaiting todays crop report data, Malaysian palmoil makes new contract highs, crude 1.30 lower.
Crop reports and quarter end are tomorrow, huge problems brewing with fertilizer globally.
Quiet US ag markets awaiting the crop report tomorrow, crude oil blowing up on its daily chart up another 2.00 this AM.
Quiet US ag overnights, Malaysian palm continues to scream higher.
Spring wheat on new daily highs again testing Aug 8 year highs, oats new all time highs, funds talking inflation again.
Explosions in Malaysian palmoil, cotton, oats. MGE wheat testing contract highs. Other US ags following. SX1 key reversed higher yesterday and slightly followed through overnight.
US wheats succumb to profit taking after KC and MGE wheat fail at highs, Malaysian Palmoil takes off to the upside on bullish fundamentals, crude oil still screaming higher.
Lower soybeans overnight, mixed to muddled in the rest. Wheat remains bullish globally.
The report was bullish wheat, and overnight wheat continued its rally. US HRW on new Sep-Oct highs, Matif wheat on new contract highs.
Quiet ag markets awaiting todays crop report data, Malaysian palmoil makes new contract highs, crude 1.30 lower.
Crop reports and quarter end are tomorrow, huge problems brewing with fertilizer globally.
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