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Morning Wire
Overnights softer in wheats and sideways in row crops as Black Sea shipping from Ukraine seems to be picking up steam
200,000 MT of US SRW purchased by China announced this AM …
Minor bounce for oversold wheat overnight, corn a minor bounce that failed at its first moving average line, and soybeans continue lower into the abyss on its SX daily chart.
US crop report day. Watch for Sep 1 stocks of corn and soybeans along with US spring wheat production as potential report outliers from avg guesses.
Lower again for US hard wheats, beans lower, corn reverses some of yesterdays gains. US crop reports finally are tomorrow. Beware US Sep 1 corn and soybean stocks.
Yet another light volume low range night as we await Fridays crop reports
Another quiet overnight session as we await Fridays US crop reports.
A quiet overnight. Funds remained sellers last week while demand is creeping up and world hot/dry hotspots are popping up.
Oct option expiration as market’s look to recover from yesterday
Overnights softer in wheats and sideways in row crops as Black Sea shipping from Ukraine seems to be picking up steam
200,000 MT of US SRW purchased by China announced this AM …
Minor bounce for oversold wheat overnight, corn a minor bounce that failed at its first moving average line, and soybeans continue lower into the abyss on its SX daily chart.
US crop report day. Watch for Sep 1 stocks of corn and soybeans along with US spring wheat production as potential report outliers from avg guesses.
Lower again for US hard wheats, beans lower, corn reverses some of yesterdays gains. US crop reports finally are tomorrow. Beware US Sep 1 corn and soybean stocks.
Yet another light volume low range night as we await Fridays crop reports
Another quiet overnight session as we await Fridays US crop reports.
A quiet overnight. Funds remained sellers last week while demand is creeping up and world hot/dry hotspots are popping up.
Oct option expiration as market’s look to recover from yesterday
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