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Morning Wire
Softer ag futures overnight. US hard wheats and Dalian corn pace the declines.
A quiet night session as the US ag futures markets digest the Dec delivery intentions and moves on to trading March futures.
Wheat continues to surge higher after KC posted a key reversal yesterday, corn continues to be unch despite the wheat rally. First notice day for Dec ags is today.
Marginally higher inside nights in US ags overnight, USDX lower but crude also lower. Dalian corn slipping and testing recent lows. First intentions day for Dec US ags is tomorrows close.
First intention day for Dec wheats and corn is Wednesdays close, Thursday is month end.
Slightly lower on a lower Matif wheat market, little changed in Brazilian forecasts, and a soft Wednesday continuing the fade??
Beans back off from this weeks big run higher. Private exporters this AM report the sale of 110,000 MT US SRW to China.
More soybean strength despite conflicting AM Brazilian forecasts, corn still steady, US wheats still dogs despite small overnight gains.
Soybeans blow off a lower Arg-election inspired start to finish higher overnight, US wheats stubbornly test contract lows despite the bean strength.
Softer ag futures overnight. US hard wheats and Dalian corn pace the declines.
A quiet night session as the US ag futures markets digest the Dec delivery intentions and moves on to trading March futures.
Wheat continues to surge higher after KC posted a key reversal yesterday, corn continues to be unch despite the wheat rally. First notice day for Dec ags is today.
Marginally higher inside nights in US ags overnight, USDX lower but crude also lower. Dalian corn slipping and testing recent lows. First intentions day for Dec US ags is tomorrows close.
First intention day for Dec wheats and corn is Wednesdays close, Thursday is month end.
Slightly lower on a lower Matif wheat market, little changed in Brazilian forecasts, and a soft Wednesday continuing the fade??
Beans back off from this weeks big run higher. Private exporters this AM report the sale of 110,000 MT US SRW to China.
More soybean strength despite conflicting AM Brazilian forecasts, corn still steady, US wheats still dogs despite small overnight gains.
Soybeans blow off a lower Arg-election inspired start to finish higher overnight, US wheats stubbornly test contract lows despite the bean strength.
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