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Morning Wire
Lower by the AM in US ags (except soybeans) as yet again bullish US wheat conditions fail to garner any buying interest
Wheats lower and row crops nearly unch overnight, we await this afternoons US crop progress/conditions reports
A quiet slightly higher night in US ags, world ag futures fall off cliffs, deliveries against US SRW and HRS on first intentions yesterday.
More ag futures softness overnight, better temps and dry forecasts for US spring planting areas yet another rain forecast for KS in the 6-10 day forecast.
StatsCan bearish this AM for spring wheat, Russia/Ukraine situation remains cloudy, first intentions for May ag futures on tomorrows close.
Soybeans lower overnight on plantings ahead of expectations, otherwise a quiet night.
Corn is pressured overnight, otherwise a quiet night with mixed trade in ags. Welcome to the weather market of 2023.
May options expire today, COT this afternoon may be interesting, we await the rain event for the S Plains early next week and further hints at May US weather.
Longs trying to close find few buyers overnight as rains continue to be forecast in the US 7 day in S plains and crude continues to break.
Lower by the AM in US ags (except soybeans) as yet again bullish US wheat conditions fail to garner any buying interest
Wheats lower and row crops nearly unch overnight, we await this afternoons US crop progress/conditions reports
A quiet slightly higher night in US ags, world ag futures fall off cliffs, deliveries against US SRW and HRS on first intentions yesterday.
More ag futures softness overnight, better temps and dry forecasts for US spring planting areas yet another rain forecast for KS in the 6-10 day forecast.
StatsCan bearish this AM for spring wheat, Russia/Ukraine situation remains cloudy, first intentions for May ag futures on tomorrows close.
Soybeans lower overnight on plantings ahead of expectations, otherwise a quiet night.
Corn is pressured overnight, otherwise a quiet night with mixed trade in ags. Welcome to the weather market of 2023.
May options expire today, COT this afternoon may be interesting, we await the rain event for the S Plains early next week and further hints at May US weather.
Longs trying to close find few buyers overnight as rains continue to be forecast in the US 7 day in S plains and crude continues to break.
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