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Morning Wire
Overnights pasted again. US winter wheats and soybeans reach new lows. Matif wheat, US corn futures, and other world ag futures mainly barely holding support though.
A wetter US row crop forecast short term leads to a technically very bearish picture in US ag futures this AM after overnight losses
A quiet night of slightly lower row crop futures and mixed wheat prices. Little macro or world ag news overnight other than French wheat conditions deteriorating again..
Mixed futures overnight. US GDP shows unexpected growth, US forecast remain very hot and dry for western US, row crops bounce late overnight on good corn export sales report.
A quiet slightly lower overnight. US weather trends even hotter, Black Sea weather continues to feature little rain.
Higher US row crops overnight but slightly lower wheats as Western US weather now joins Black Sea weather as not ideal for spring crops.
US row crop and spring wheat futures rally overnight on slightly bullish US weather forecasts along with last Fridays COT report.
Quiet ag and macro overnights on little news as we await this AM’s US weekly ag export sales report at 730AM CT
Overnights finish green in all US ags, technically meaningless in all but CZ so far. Reasons cited are oversold conditions and a weaker USD.
Overnights pasted again. US winter wheats and soybeans reach new lows. Matif wheat, US corn futures, and other world ag futures mainly barely holding support though.
A wetter US row crop forecast short term leads to a technically very bearish picture in US ag futures this AM after overnight losses
A quiet night of slightly lower row crop futures and mixed wheat prices. Little macro or world ag news overnight other than French wheat conditions deteriorating again..
Mixed futures overnight. US GDP shows unexpected growth, US forecast remain very hot and dry for western US, row crops bounce late overnight on good corn export sales report.
A quiet slightly lower overnight. US weather trends even hotter, Black Sea weather continues to feature little rain.
Higher US row crops overnight but slightly lower wheats as Western US weather now joins Black Sea weather as not ideal for spring crops.
US row crop and spring wheat futures rally overnight on slightly bullish US weather forecasts along with last Fridays COT report.
Quiet ag and macro overnights on little news as we await this AM’s US weekly ag export sales report at 730AM CT
Overnights finish green in all US ags, technically meaningless in all but CZ so far. Reasons cited are oversold conditions and a weaker USD.
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