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Potentially more US-Iran meetings this weekend. Crude slightly lower. US HRW futures higher overnight on no end in sight to western S plains dryness.
US to blockade gulf, talks did not go well this weekend. Grains higher, soy complex mixed. Crude higher, other macros bouncing off lower opens.
Macros pause overnight awaiting the talks this weekend. US grains have small losses but the bean complex mixed with beans and meal higher but beanoil lower.
US ags bounce on possible ceasefire problems. Wheats and beans right back in the sloppy sideways chop range of the past month plus. Corn still testing the low end of the range at 450. Crude higher but most macros pretty stable.
War two week ceasefire. Crude drops straight to 50 retrace, other macros reward a potential war end. US grains down hard with KC wheat and corn below prior Mar-April sideways range lows. Chicago wheat testing war lows. Spring wheat still a nickel away. Soyoil lower but beans nearly unch.
Kharg Island attacked news changes crude to rally mode, moves beans to slightly higher, and tempers US grains losses overnight.
Nobody knows whether US/Iran peace talks are BS or real, macros reverse to nearly unch. US ags feature softer KC wheat on better rain forecasts.
Crude screams overnight after Trumps address. US ag futures halfheartedly run higher also.
Trump address tonight and more rains for E US and some parts of E S Plains causes profit taking in ag futures and moves in macros overnight.
Potentially more US-Iran meetings this weekend. Crude slightly lower. US HRW futures higher overnight on no end in sight to western S plains dryness.
US to blockade gulf, talks did not go well this weekend. Grains higher, soy complex mixed. Crude higher, other macros bouncing off lower opens.
Macros pause overnight awaiting the talks this weekend. US grains have small losses but the bean complex mixed with beans and meal higher but beanoil lower.
US ags bounce on possible ceasefire problems. Wheats and beans right back in the sloppy sideways chop range of the past month plus. Corn still testing the low end of the range at 450. Crude higher but most macros pretty stable.
War two week ceasefire. Crude drops straight to 50 retrace, other macros reward a potential war end. US grains down hard with KC wheat and corn below prior Mar-April sideways range lows. Chicago wheat testing war lows. Spring wheat still a nickel away. Soyoil lower but beans nearly unch.
Kharg Island attacked news changes crude to rally mode, moves beans to slightly higher, and tempers US grains losses overnight.
Nobody knows whether US/Iran peace talks are BS or real, macros reverse to nearly unch. US ags feature softer KC wheat on better rain forecasts.
Crude screams overnight after Trumps address. US ag futures halfheartedly run higher also.
Trump address tonight and more rains for E US and some parts of E S Plains causes profit taking in ag futures and moves in macros overnight.
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