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Morning Wire
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.
Lower overnights in ags with US KC wheat making new contract lows again.
Lower overnight session as big fund roll continues across Wheat & Corn
A quiet night in ags and macros as we await todays NOPA crush report
US consumer price report this AM causes macro price action that could be bullish for US ags, however central Brazilian 6-10 day forecast is wetter this AM
More Brazilian weather concerns, more US corn and wheat futures weakness despite those weather woes
Mixed overnight after bearish USDA report……
Marginally lower ags and benign macros overnight. We await day session real price action and the monthly USDA crop report today.
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.
Lower overnights in ags with US KC wheat making new contract lows again.
Lower overnight session as big fund roll continues across Wheat & Corn
A quiet night in ags and macros as we await todays NOPA crush report
US consumer price report this AM causes macro price action that could be bullish for US ags, however central Brazilian 6-10 day forecast is wetter this AM
More Brazilian weather concerns, more US corn and wheat futures weakness despite those weather woes
Mixed overnight after bearish USDA report……
Marginally lower ags and benign macros overnight. We await day session real price action and the monthly USDA crop report today.
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