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Morning Wire
So much for yesterdays rally in US ags, overnights lower with beans now back to Fridays settle erasing all of yesterdays gains.
A quiet night other than a continued bounce in soybeans.
More new lows for US wheats overnight while row crops pause. A long weekend after today, resuming Monday evening.
Feb 15 morning wire as of 645AM CT
February 15 2024 Outlook Forum results
More downside pressure. Soybeans make new lows and KC makes new lows and corn tests lows as traders expect Outlook balance sheets to be bearish for 24/25.
The dullest night session in the past couple years in our opinion. We await US CPI this AM and USDA Outlook Thursday. Index rolls out of March ends today.
Higher in row crops but nearly unch in wheats overnight. Despite that, WH-WN continued to climb.
Lower again overnight on continued bearishness off the USDA numbers
So much for yesterdays rally in US ags, overnights lower with beans now back to Fridays settle erasing all of yesterdays gains.
A quiet night other than a continued bounce in soybeans.
More new lows for US wheats overnight while row crops pause. A long weekend after today, resuming Monday evening.
Feb 15 morning wire as of 645AM CT
February 15 2024 Outlook Forum results
More downside pressure. Soybeans make new lows and KC makes new lows and corn tests lows as traders expect Outlook balance sheets to be bearish for 24/25.
The dullest night session in the past couple years in our opinion. We await US CPI this AM and USDA Outlook Thursday. Index rolls out of March ends today.
Higher in row crops but nearly unch in wheats overnight. Despite that, WH-WN continued to climb.
Lower again overnight on continued bearishness off the USDA numbers
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