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Morning Wire
GDP grows more than wanted, Macros on the move. Arg ended their export tax suspension already, US ags higher overnight.
Slightly higher US ags overnight. World ags on second/third days of bounces also. Macros quiet.
Softer in US bean futures again overnight but grains finishing the overnight session near unch.
US beans break overnight on little hope of Chinese exports and the Arg gov’t suspending ag export taxes until Oct 31.
Mixed and technically unimportant US ag futures overnight, we await whether or not the Trump/Xi call amounts to anything
A quiet mixed night. We now await a Trump/Xi call Friday. US weekly ag export sales all within ranges of expectations.
A quiet sideways night in US ags as world ag currencies and the S&P take center stage overnight ahead of the Fed rate decision today.
US wheats threatening to break out to the upside off good recent export demand and the Russian export tax increase. Corn testing its 100 day ma again with 440 the upside target above that.
US ags chopping around overnight looking for focus. Corn 4 lower, beans were 5 lower but finished unch, US wheats finish with SRW slightly higher, KC unch and spring slightly lower.
GDP grows more than wanted, Macros on the move. Arg ended their export tax suspension already, US ags higher overnight.
Slightly higher US ags overnight. World ags on second/third days of bounces also. Macros quiet.
Softer in US bean futures again overnight but grains finishing the overnight session near unch.
US beans break overnight on little hope of Chinese exports and the Arg gov’t suspending ag export taxes until Oct 31.
Mixed and technically unimportant US ag futures overnight, we await whether or not the Trump/Xi call amounts to anything
A quiet mixed night. We now await a Trump/Xi call Friday. US weekly ag export sales all within ranges of expectations.
A quiet sideways night in US ags as world ag currencies and the S&P take center stage overnight ahead of the Fed rate decision today.
US wheats threatening to break out to the upside off good recent export demand and the Russian export tax increase. Corn testing its 100 day ma again with 440 the upside target above that.
US ags chopping around overnight looking for focus. Corn 4 lower, beans were 5 lower but finished unch, US wheats finish with SRW slightly higher, KC unch and spring slightly lower.
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