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Morning Wire
Lots of macro and wheat relationship movement overnight and yesterday in US ag futures making todays day session an important day.
Slightly higher ags overnight, US weekly ag export sales report out this AM was strong but within expectations.
Ags lower overnight, macros quiet, Fed commetary expected today re interest rates.
Wheat a little higher following Monday’s meltdown….
Quiet ag night session with beans higher and wheats lower as we await the US inflation data and Fed meeting this week.
We await the US crop report today, exporters announce another 110,000 MT of US SRW sold to China this AM.
Beans higher, corn a little higher, wheats smushed late from higher to about unch.
Higher overnights, another 372,000 MT of US SRW announced sold to China this AM
Quiet minor turnaround Tuesday overnights, followed by private US exporters announcing another 198,000 MT of US SRW to China and best Russian offer to Egypt at 250.00 FOB
Lots of macro and wheat relationship movement overnight and yesterday in US ag futures making todays day session an important day.
Slightly higher ags overnight, US weekly ag export sales report out this AM was strong but within expectations.
Ags lower overnight, macros quiet, Fed commetary expected today re interest rates.
Wheat a little higher following Monday’s meltdown….
Quiet ag night session with beans higher and wheats lower as we await the US inflation data and Fed meeting this week.
We await the US crop report today, exporters announce another 110,000 MT of US SRW sold to China this AM.
Beans higher, corn a little higher, wheats smushed late from higher to about unch.
Higher overnights, another 372,000 MT of US SRW announced sold to China this AM
Quiet minor turnaround Tuesday overnights, followed by private US exporters announcing another 198,000 MT of US SRW to China and best Russian offer to Egypt at 250.00 FOB
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