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Morning Wire
A quiet night session, we suspect the day session will be more active.
Slightly lower again for wheats and unch for row crops overnight.
Lower row crops overnight dragged wheats down by the close also
Slightly higher beans, slightly lower corn, world wheats mainly unch to slightly higher. Lots of new but normal world ag tenders.
US/UK strikes Houthi positions in Yemen to try to stabilize the Red Sea and crude rallies, US crop report at 11AM CT today.
A quiet night in ags awaiting the Friday crop reports. US CPI number out this AM caused some volatility in US interest rate futures this AM.
Conab Brazilian monthly update contained expected cuts to bean and corn production, we now await Fridays crop reports.
Slightly higher overnight ag markets soften by the close to near unch as we await Conab crop report and US CPI and US crop reports later this week.
A quiet night session, we suspect the day session will be more active.
Slightly lower again for wheats and unch for row crops overnight.
Lower row crops overnight dragged wheats down by the close also
Slightly higher beans, slightly lower corn, world wheats mainly unch to slightly higher. Lots of new but normal world ag tenders.
US/UK strikes Houthi positions in Yemen to try to stabilize the Red Sea and crude rallies, US crop report at 11AM CT today.
A quiet night in ags awaiting the Friday crop reports. US CPI number out this AM caused some volatility in US interest rate futures this AM.
Conab Brazilian monthly update contained expected cuts to bean and corn production, we now await Fridays crop reports.
Slightly higher overnight ag markets soften by the close to near unch as we await Conab crop report and US CPI and US crop reports later this week.
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