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Morning Wire
US wheats overnight held moving average line tests yesterday and overnight amid concerns that Russian wheat area forecasts getting drier and hotter again.
Higher overnights led by double digit wheat gains, but all the US ag futures were inside night chops.
Higher overnights but mainly inside nights. Good N KS WQC tour results, poor SovEcon Russian wheat estimates, big US 10 day rains to fall.
A choppy mess overnight, Conab raises total bean and corn crop estimates from last month despite RGdS flooding.
A lower start to US ags overnight swapped to higher in wheats and only marginally lower in row crops by the close as Matif moved higher in reaction to Russian wheat crop downgrades.
New 9 month Chicago wheat highs overnight tapered to half the gains by the close, US crop report still looming midday today.
Higher world wheat futures overnight on Russian weather woes, US crop report tomorrow during the session.
Lower ags overnight with KC dropping below old March highs and soybeans dropping below 38 retrace and testing old March highs the feature. We will see if fund buying reappears again in the day session or not. US crop reports looming Friday.
US wheats give up most of yesterdays gains overnight, row crops slower to break after weekly crop progress shows slight row crop planting delays.
US wheats overnight held moving average line tests yesterday and overnight amid concerns that Russian wheat area forecasts getting drier and hotter again.
Higher overnights led by double digit wheat gains, but all the US ag futures were inside night chops.
Higher overnights but mainly inside nights. Good N KS WQC tour results, poor SovEcon Russian wheat estimates, big US 10 day rains to fall.
A choppy mess overnight, Conab raises total bean and corn crop estimates from last month despite RGdS flooding.
A lower start to US ags overnight swapped to higher in wheats and only marginally lower in row crops by the close as Matif moved higher in reaction to Russian wheat crop downgrades.
New 9 month Chicago wheat highs overnight tapered to half the gains by the close, US crop report still looming midday today.
Higher world wheat futures overnight on Russian weather woes, US crop report tomorrow during the session.
Lower ags overnight with KC dropping below old March highs and soybeans dropping below 38 retrace and testing old March highs the feature. We will see if fund buying reappears again in the day session or not. US crop reports looming Friday.
US wheats give up most of yesterdays gains overnight, row crops slower to break after weekly crop progress shows slight row crop planting delays.
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