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Morning Wire
A quiet overnight in US ags and macros except silver. Private exporters announced corn and bean sales this AM but cancellations of SWW sales to China.
Wheats continue their technical fall, now corn has broken support and beans didnt recover either overnight.
US winter wheats drop to new technical lows overnight, the rest was a quiet session.
Beans lower but not technically significant. Corn sideways again. US wheats and Matif wheat down to levels testing big short term support areas.
Macros on the move overnight, US ags a smallish bounce. Some China buys on the weekly ag sales report we got through Nov 13 with massive US corn sales and big wheat sales also that week.
FOMC US rate decision today. Wheat lower overnight after increase to major exporter production.
US crop reports today at 11AM CT, Fed rate decision tomorrow.
Choppy overnight trade with a higher finish for US ag futures. USDA crop report tomorrow, US Fed monthly rate decision Wednesday.
A very quiet overnight session in US ags, world ags, macros. Little news. US crop reports next Tuesday during the session.
A quiet overnight in US ags and macros except silver. Private exporters announced corn and bean sales this AM but cancellations of SWW sales to China.
Wheats continue their technical fall, now corn has broken support and beans didnt recover either overnight.
US winter wheats drop to new technical lows overnight, the rest was a quiet session.
Beans lower but not technically significant. Corn sideways again. US wheats and Matif wheat down to levels testing big short term support areas.
Macros on the move overnight, US ags a smallish bounce. Some China buys on the weekly ag sales report we got through Nov 13 with massive US corn sales and big wheat sales also that week.
FOMC US rate decision today. Wheat lower overnight after increase to major exporter production.
US crop reports today at 11AM CT, Fed rate decision tomorrow.
Choppy overnight trade with a higher finish for US ag futures. USDA crop report tomorrow, US Fed monthly rate decision Wednesday.
A very quiet overnight session in US ags, world ags, macros. Little news. US crop reports next Tuesday during the session.
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