How can Frontier Futures be a partner in your operation’s success?
Morning Wire
Matif Z/H cal spread is on fire, the rest of ags and macros were quiet overnight except crude possibly double bottomed
Chicago wheat makes new one month lows overnight, Chinese covid deaths reported (first in 6 months), otherwise quiet
Matif wheat on a rally, US corn testing resistance, crude oil falling apart, all else quiet
Another 120 days for the Black Sea export corridor, US bean sales excellent, macros unhelpful with USD down and crude down
Back down again, the missile that hit Poland was Ukranian air defense missile
A quiet night, USDX lower but ags remaining within ranges. Some export sales announced to Mexico in corn and beans
A quiet ag overnight, macros slightly reversing moves of last week (but only slightly), G20 meeting this week.
Light bounces in ags except US beans erase all of yesterdays losses, UN/Russian grain corridor talks ongoing with no results yet
US Oct CPI at 7.7% has macros screaming, expectations are we may have peaked inflation. Some possible changes to ag prices today as a result
Matif Z/H cal spread is on fire, the rest of ags and macros were quiet overnight except crude possibly double bottomed
Chicago wheat makes new one month lows overnight, Chinese covid deaths reported (first in 6 months), otherwise quiet
Matif wheat on a rally, US corn testing resistance, crude oil falling apart, all else quiet
Another 120 days for the Black Sea export corridor, US bean sales excellent, macros unhelpful with USD down and crude down
Back down again, the missile that hit Poland was Ukranian air defense missile
A quiet night, USDX lower but ags remaining within ranges. Some export sales announced to Mexico in corn and beans
A quiet ag overnight, macros slightly reversing moves of last week (but only slightly), G20 meeting this week.
Light bounces in ags except US beans erase all of yesterdays losses, UN/Russian grain corridor talks ongoing with no results yet
US Oct CPI at 7.7% has macros screaming, expectations are we may have peaked inflation. Some possible changes to ag prices today as a result
More Posts
Already a client? Login for full access to Frontier Futures Market Insight