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Morning Wire
US ags lower again in all but KC wheat despite favorable US export sales report this AM. Favorable US weather forecasts.
Lower to unch overnight. Not much news to report. US GDP +3.0 vs avg guess of +2.4.
Lower US ags overnight off Arg dropping export taxes and continued excellent US row crop weather forecasts. US-EU reach a trade deal framework Sunday.
A slightly lower quiet night as US weather forecasts roll to cooler in August 6-10 day everywhere but PNW and MT and NW ND.
A quiet night, then we get hit with flash sales this AM of 135,000 MT US corn to CHINA and another 284,000 MT to unknown. Toss out the quiet overnight trade.
Slightly higher for US beans overnight off the US-Japan pseudoagreement, corn finishes unch on good weather forecasts, wheats roll from slightly higher to a slightly lower finish.
Row crops lower, winter wheats slightly higher overnight. SQ-SX spread continues to break as we approach next weeks Aug first intentions day.
US wheats slightly higher overnight as Russian cash surge continues, US row crops lower on weather that is warmer than normal but accompanying rains and heat expected to abate by August 1.
A Strong bull move overnight in a bunch of world ags, US ags, and even macros.
US ags lower again in all but KC wheat despite favorable US export sales report this AM. Favorable US weather forecasts.
Lower to unch overnight. Not much news to report. US GDP +3.0 vs avg guess of +2.4.
Lower US ags overnight off Arg dropping export taxes and continued excellent US row crop weather forecasts. US-EU reach a trade deal framework Sunday.
A slightly lower quiet night as US weather forecasts roll to cooler in August 6-10 day everywhere but PNW and MT and NW ND.
A quiet night, then we get hit with flash sales this AM of 135,000 MT US corn to CHINA and another 284,000 MT to unknown. Toss out the quiet overnight trade.
Slightly higher for US beans overnight off the US-Japan pseudoagreement, corn finishes unch on good weather forecasts, wheats roll from slightly higher to a slightly lower finish.
Row crops lower, winter wheats slightly higher overnight. SQ-SX spread continues to break as we approach next weeks Aug first intentions day.
US wheats slightly higher overnight as Russian cash surge continues, US row crops lower on weather that is warmer than normal but accompanying rains and heat expected to abate by August 1.
A Strong bull move overnight in a bunch of world ags, US ags, and even macros.
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