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Morning Wire
Higher overnights for US ags, but gaining back small amounts of Fridays losses. Macros quiet, world ag futures quiet.
Slightly higher beans, unch corn after a big up day yesterday, higher wheats overnight. Crop reports and missing daily export sales data dump all at 11AM CT today.
New highs for SF overnight, other US ags and world ags and macros pretty quiet. US crop reports Fri during the session. US gov’t is open again – until Jan 30.
A quiet night. Beans tried higher but fell back to unch. US crop reports upcoming Friday.
Slightly lower US ag futures overnight, sideways chop for macros and world ag futures. We get USDA and WASDE Friday, US govt likely reopens Wednesday.
US govt reopening deal reached for likely sometime this week, big Chinese demand for Brazilian soybeans being reported, ags higher overnight, stock markets higher also.
Beans a minor uptick overnight, corn unch, winter wheats lower again through support ma lines, spring wheat continues its massive relative-to-winter wheats rally +2 overnight.
Inside night lower for beans, outside of yesterdays lows lower for US winter wheats overnight. Is the US/China tariff end rally now over?
China “suspends” US extra tariffs on ags but leaves soybeans at 13%, US ag futures sideways mainly inside nights overnight. Firmness in US wheat cal spreads continues in all but KC.
Higher overnights for US ags, but gaining back small amounts of Fridays losses. Macros quiet, world ag futures quiet.
Slightly higher beans, unch corn after a big up day yesterday, higher wheats overnight. Crop reports and missing daily export sales data dump all at 11AM CT today.
New highs for SF overnight, other US ags and world ags and macros pretty quiet. US crop reports Fri during the session. US gov’t is open again – until Jan 30.
A quiet night. Beans tried higher but fell back to unch. US crop reports upcoming Friday.
Slightly lower US ag futures overnight, sideways chop for macros and world ag futures. We get USDA and WASDE Friday, US govt likely reopens Wednesday.
US govt reopening deal reached for likely sometime this week, big Chinese demand for Brazilian soybeans being reported, ags higher overnight, stock markets higher also.
Beans a minor uptick overnight, corn unch, winter wheats lower again through support ma lines, spring wheat continues its massive relative-to-winter wheats rally +2 overnight.
Inside night lower for beans, outside of yesterdays lows lower for US winter wheats overnight. Is the US/China tariff end rally now over?
China “suspends” US extra tariffs on ags but leaves soybeans at 13%, US ag futures sideways mainly inside nights overnight. Firmness in US wheat cal spreads continues in all but KC.
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