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Morning Wire
Row crops finished higher, winter wheats marginally lower on a back and forth US ag futures overnight. First intentions day for Sep ag futures is after the close today.
A disappointment to bulls as US row crops go lower again overnight, wheats quiet, US trade deficit rises to record.
KC wheat cal spreads continue their bullish run overnight, the rest of world ag futures were quiet overnight as we await Sep delivery intentions after the close Thursday.
US ags lower again overnight, MGE spring wheat much lower flat price and cal spreads after reports from harvest of heavy falling numbers problems in this years ND and MN crops.
US row crops and Matif wheat stabilize overnight, US wheats still getting rabbit punched in the kidney with a small overnight loss
US row crops quietly slightly lower. Matif wheat unch. US wheats a little lower but Dec top step contracts remain slightly above contract lows. Sep options expire tomorrow.
No significant technical moves in world ags overnight, macros also quiet. We await the day session and Fridays Sep options expiration.
Gold to new all time highs overnight, US ags were quiet and technically a nonevent. We continue to await Fridays Sep options expiration and Sep first intentions day next week as the trade digests the US row crop tour ongoing.
Slightly higher for row crops, slightly lower for wheats. We await this weeks ProFarmer US row crop tour for a hint as to whether USDA’s massive yields are correct or not.
Row crops finished higher, winter wheats marginally lower on a back and forth US ag futures overnight. First intentions day for Sep ag futures is after the close today.
A disappointment to bulls as US row crops go lower again overnight, wheats quiet, US trade deficit rises to record.
KC wheat cal spreads continue their bullish run overnight, the rest of world ag futures were quiet overnight as we await Sep delivery intentions after the close Thursday.
US ags lower again overnight, MGE spring wheat much lower flat price and cal spreads after reports from harvest of heavy falling numbers problems in this years ND and MN crops.
US row crops and Matif wheat stabilize overnight, US wheats still getting rabbit punched in the kidney with a small overnight loss
US row crops quietly slightly lower. Matif wheat unch. US wheats a little lower but Dec top step contracts remain slightly above contract lows. Sep options expire tomorrow.
No significant technical moves in world ags overnight, macros also quiet. We await the day session and Fridays Sep options expiration.
Gold to new all time highs overnight, US ags were quiet and technically a nonevent. We continue to await Fridays Sep options expiration and Sep first intentions day next week as the trade digests the US row crop tour ongoing.
Slightly higher for row crops, slightly lower for wheats. We await this weeks ProFarmer US row crop tour for a hint as to whether USDA’s massive yields are correct or not.
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