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Conab cuts Safrinha 10 MMT. Crop report today. Overnights were meaningless
Row crops and winter wheats slightly lower on profittaking ahead of report, spring wheat gets crushed due to the rains happening
A minor reversal overnight in wheats, both old crop and new crop row crops higher this time. Trade is rolling indexes out of July’s and awaiting the Thursday crop report
Row crops have taken over as bullish US ag futures leader as IA goes hot/dry while Canadian prairies/ND get 1-5 day forecasts for good rains
Deuling weather models leads to choppiness but a higher net overnight.
Screaming higher again for soybeans and spring wheat, the rest follows grudgingly
Spring wheat continues to extend gains, corn is unch to higher despite a 75% g/ex rating yesterday due to Brazil cutting their safrinha crop further
US spring wheat futures scream higher on hot and dryish forecasts, other wheats and row crops follow.
mixed messy trade followed by a late AM downside move for no apparent reason
Conab cuts Safrinha 10 MMT. Crop report today. Overnights were meaningless
Row crops and winter wheats slightly lower on profittaking ahead of report, spring wheat gets crushed due to the rains happening
A minor reversal overnight in wheats, both old crop and new crop row crops higher this time. Trade is rolling indexes out of July’s and awaiting the Thursday crop report
Row crops have taken over as bullish US ag futures leader as IA goes hot/dry while Canadian prairies/ND get 1-5 day forecasts for good rains
Deuling weather models leads to choppiness but a higher net overnight.
Screaming higher again for soybeans and spring wheat, the rest follows grudgingly
Spring wheat continues to extend gains, corn is unch to higher despite a 75% g/ex rating yesterday due to Brazil cutting their safrinha crop further
US spring wheat futures scream higher on hot and dryish forecasts, other wheats and row crops follow.
mixed messy trade followed by a late AM downside move for no apparent reason
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