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Morning Wire
US beans substantially higher for no apparent reason, Dalian corn comes back from holiday with a thud to new contract lows, US Fed rate decision today.
Choppy slightly higher US ag futures overnight. Macros fairly quiet awaiting the Fed rate decision tomorrow.
Lower overnights in US ags, sideways macros other than USDX weakness. We await the Fed rate decision this week.
More US wheat futures gains, US corn looking technically bullish, gold on new all time highs
Technically strong Matif, US winter wheat, and US corn price action overnight. Black Sea ship hit by Russian strike in neutral waters. US crop report today.
US row crops lower, Dalian corn lower, a late US wheat small rally this AM finishes wheats slightly higher. USDA crop reports are Thursday.
Mixed overnights with beans higher on poor S American weather and lower navigable river water level warnings in the news
A quiet night session in ags. We await the day session to see if the fund shortcovering is over or not.
Inside lower nights in the US ags, theres a long day ahead before we prove the fund shortcovering is now concluded.
US beans substantially higher for no apparent reason, Dalian corn comes back from holiday with a thud to new contract lows, US Fed rate decision today.
Choppy slightly higher US ag futures overnight. Macros fairly quiet awaiting the Fed rate decision tomorrow.
Lower overnights in US ags, sideways macros other than USDX weakness. We await the Fed rate decision this week.
More US wheat futures gains, US corn looking technically bullish, gold on new all time highs
Technically strong Matif, US winter wheat, and US corn price action overnight. Black Sea ship hit by Russian strike in neutral waters. US crop report today.
US row crops lower, Dalian corn lower, a late US wheat small rally this AM finishes wheats slightly higher. USDA crop reports are Thursday.
Mixed overnights with beans higher on poor S American weather and lower navigable river water level warnings in the news
A quiet night session in ags. We await the day session to see if the fund shortcovering is over or not.
Inside lower nights in the US ags, theres a long day ahead before we prove the fund shortcovering is now concluded.
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