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Morning Wire
Overnight US ags were quiet as we await todays minor monthly crop reports and continue to roll/exit March futures
Slightly lower overnights. AM reporting of 264,000 MT of US beans sold to China. US monthly crop reports tomorrow.
Front end SH and SN higher again overnight, but new crop SX lower. US corn and wheat futures slightly lower.
Morning Comments 2.5.26
Beans higher overnight on ? Rest of US ags and world ags pretty quiet. Macros feature a rebound in gold and silver.
Lower US ag futures overnight, crazy metals, crude also lower.
Metals lower, Trump announces his pick for Fed chair, row crops slightly lower, winter wheats stayed slightly higher overnight.
Metals more all time highs, crude screaming, SH beginning to test major short term resistance, US wheat futures rallying in shortcovering mode
SH and WH and KWH up against 2026 daily chart resistance after overnight gains. USDX calms down but metals running higher again along with crude.
Overnight US ags were quiet as we await todays minor monthly crop reports and continue to roll/exit March futures
Slightly lower overnights. AM reporting of 264,000 MT of US beans sold to China. US monthly crop reports tomorrow.
Front end SH and SN higher again overnight, but new crop SX lower. US corn and wheat futures slightly lower.
Morning Comments 2.5.26
Beans higher overnight on ? Rest of US ags and world ags pretty quiet. Macros feature a rebound in gold and silver.
Lower US ag futures overnight, crazy metals, crude also lower.
Metals lower, Trump announces his pick for Fed chair, row crops slightly lower, winter wheats stayed slightly higher overnight.
Metals more all time highs, crude screaming, SH beginning to test major short term resistance, US wheat futures rallying in shortcovering mode
SH and WH and KWH up against 2026 daily chart resistance after overnight gains. USDX calms down but metals running higher again along with crude.
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