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Morning Wire
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.
Nearly unch US ags overnight, we await the day session to see if managed money shows up to shortcover yet again.
China hits Canada with anti-dumping on Canola. Canola futures down hard and US bean futures rally this AM.
The flat price row crop rally continued overnight. SX and CZ now above 20 day ma’s, KC wheat and Chicago wheat testing their 20 day lines.
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.
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.
Nearly unch US ags overnight, we await the day session to see if managed money shows up to shortcover yet again.
China hits Canada with anti-dumping on Canola. Canola futures down hard and US bean futures rally this AM.
The flat price row crop rally continued overnight. SX and CZ now above 20 day ma’s, KC wheat and Chicago wheat testing their 20 day lines.
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.
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