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Morning Wire
The beginning of the next run higher for N plains and Canadian crops? MGE runs into new highs on the monthly chart overnight
When oats are the feature overnight, nothing happened. But its a long day.
A wild night with Canola nearly expanded limit up early, wheats and row crops all over the place. Todays session we expect to be higher. Canadian prairie crop forecasts very hot and very dry next 8-14 days.
Canadian and US N plains futures higher, US row crops following despite good rains forecast short term, and winter wheats faltering along with poor Matif and Black Sea prices.
mixed and messy awaiting the Monday crop report and weekend weather
A bearish Conab Brazilian report compared to expectations, more world wheat tenders in size, lower row crops overnight. We suspect funds continue to liquidate row crop length ahead of Mondays crop report but US wheats may now lag in the break.
Higher spring wheat off terrible crop ratings, lower corn, mixed winter wheat, and a minor recovery in beans spells lots of unknowns for todays session.
Extremely lower calls on much better US weather and weakening world crop prices and expected fund selling.
Higher soybeans and spring wheat, unch corn and winter wheats as weather concerns dominate going into the long weekend
The beginning of the next run higher for N plains and Canadian crops? MGE runs into new highs on the monthly chart overnight
When oats are the feature overnight, nothing happened. But its a long day.
A wild night with Canola nearly expanded limit up early, wheats and row crops all over the place. Todays session we expect to be higher. Canadian prairie crop forecasts very hot and very dry next 8-14 days.
Canadian and US N plains futures higher, US row crops following despite good rains forecast short term, and winter wheats faltering along with poor Matif and Black Sea prices.
mixed and messy awaiting the Monday crop report and weekend weather
A bearish Conab Brazilian report compared to expectations, more world wheat tenders in size, lower row crops overnight. We suspect funds continue to liquidate row crop length ahead of Mondays crop report but US wheats may now lag in the break.
Higher spring wheat off terrible crop ratings, lower corn, mixed winter wheat, and a minor recovery in beans spells lots of unknowns for todays session.
Extremely lower calls on much better US weather and weakening world crop prices and expected fund selling.
Higher soybeans and spring wheat, unch corn and winter wheats as weather concerns dominate going into the long weekend
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