How can Frontier Futures be a partner in your operation’s success?
Morning Wire
Lower ags overnight recover in all but soybeans, macros have crude and US interest rates making big moves overnight.
Overnight US ag futures backed and filled to chart support points, we shall see what the day session brings. More US export sales announced this AM in beans to China and corn to Mexico
Big US weekly export sales. Beans and wheats inside the range of expectations but corn above even the highest guess. Row crops finish overnight firm on the news, wheats subdued.
US row crops holding above chart lows, US wheats slightly lower but also holding, SovEcon puts new crop winter wheat plantings at low levels, another 340,000 MT of US corn announced to Mexico.
Not much of technical significance in ags overnight, AM reporting system had lots of US corn and soybean sales
A quiet overnight but CZ featured blowing off yesterdays lows and rallying back up above lowest 50 day ma line on its daily chart. AM feature was fairly large US ag exports on the weekly report this AM.
Lower again in US ag futures overnight but only beans a technically bearish move. More US corn sales announced after the overnight close.
A quiet overnight turned into a potential row crop “corn is now 50% harvested bottom day”? This AM private exporters reported the sale of over 2 MMT of US corn to Mexico (1.6 for 24/25 and 0.5 for 25/26) along with another 332,000 MT of US corn to unknown.
Lower overnights, bearish CONAB Brazilian crop update, but then an announced 120,000 MT US SRW sale to Mexico this AM.
Lower ags overnight recover in all but soybeans, macros have crude and US interest rates making big moves overnight.
Overnight US ag futures backed and filled to chart support points, we shall see what the day session brings. More US export sales announced this AM in beans to China and corn to Mexico
Big US weekly export sales. Beans and wheats inside the range of expectations but corn above even the highest guess. Row crops finish overnight firm on the news, wheats subdued.
US row crops holding above chart lows, US wheats slightly lower but also holding, SovEcon puts new crop winter wheat plantings at low levels, another 340,000 MT of US corn announced to Mexico.
Not much of technical significance in ags overnight, AM reporting system had lots of US corn and soybean sales
A quiet overnight but CZ featured blowing off yesterdays lows and rallying back up above lowest 50 day ma line on its daily chart. AM feature was fairly large US ag exports on the weekly report this AM.
Lower again in US ag futures overnight but only beans a technically bearish move. More US corn sales announced after the overnight close.
A quiet overnight turned into a potential row crop “corn is now 50% harvested bottom day”? This AM private exporters reported the sale of over 2 MMT of US corn to Mexico (1.6 for 24/25 and 0.5 for 25/26) along with another 332,000 MT of US corn to unknown.
Lower overnights, bearish CONAB Brazilian crop update, but then an announced 120,000 MT US SRW sale to Mexico this AM.
More Posts
Already a client? Login for full access to Frontier Futures Market Insight