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Morning WireChoppy but finishing slightly higher for US ags overnight. US unemployment report had poorer than hoped for jobs gains. USCX falling and gold bouncing since.
US ags bounce a little overnight on rumors China is again shopping US beans and corn
StatsCan report shows lower Canadian wheat plantings and higher canola than expected. We await the 11AM CT US crop reports and then quarter end on the close today.
Row crops hard lower, US hard wheats higher but Chicago wheat slightly lower.
Morning Commentary 6.26.26
Continuing European heat wave, US 6-14 day heat dome (but without lower than normal precip), ags lower yet again though as the futures are trading lower crude and higher USD apparently.
USDX still screaming higher, crude still moving lower, gold and silver tumble 4 and 6%. US ags slightly higher overnight.
USDX new highs again, row crops slightly higher featuring new crop SX firming the most, KC wheat now testing weekly chart major 20 day ma support that has held for 4 weeks. y lower.
Crude tries higher but fades, US wheats and corn fade but the bean complex all slightly higher overnight.
Choppy but finishing slightly higher for US ags overnight. US unemployment report had poorer than hoped for jobs gains. USCX falling and gold bouncing since.
US ags bounce a little overnight on rumors China is again shopping US beans and corn
StatsCan report shows lower Canadian wheat plantings and higher canola than expected. We await the 11AM CT US crop reports and then quarter end on the close today.
Row crops hard lower, US hard wheats higher but Chicago wheat slightly lower.
Morning Commentary 6.26.26
Continuing European heat wave, US 6-14 day heat dome (but without lower than normal precip), ags lower yet again though as the futures are trading lower crude and higher USD apparently.
USDX still screaming higher, crude still moving lower, gold and silver tumble 4 and 6%. US ags slightly higher overnight.
USDX new highs again, row crops slightly higher featuring new crop SX firming the most, KC wheat now testing weekly chart major 20 day ma support that has held for 4 weeks. y lower.
Crude tries higher but fades, US wheats and corn fade but the bean complex all slightly higher overnight.
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