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Morning Wire
Slightly lower overnights quieting down ahead of Fridays crop reports
A quiet lower night with Chicago wheat and row crops leading the way, little movement in calendar spreads. After the overnight close exporters reported the cancellation of 272,000 MT more US corn sales to China.
US hard wheats higher flat price, KW and C cal spread inverses gain, Chicago wheat and Matif wheat and soybeans much more rangebound.
Small gains overnight in US ags, possibly short term bull targets met in KWN? Crop report next Friday, an interesting COT this afternoon.
A little lower for ags overnight, US wheat weekly sales good but corn negative, weather questionable in US S plains. Should be a long day.
Fed rate meeting is today, US ags overnight went on a wild wheat ride and corn held some losses as crude continued to fall.
Lower by the AM in US ags (except soybeans) as yet again bullish US wheat conditions fail to garner any buying interest
Wheats lower and row crops nearly unch overnight, we await this afternoons US crop progress/conditions reports
A quiet slightly higher night in US ags, world ag futures fall off cliffs, deliveries against US SRW and HRS on first intentions yesterday.
Slightly lower overnights quieting down ahead of Fridays crop reports
A quiet lower night with Chicago wheat and row crops leading the way, little movement in calendar spreads. After the overnight close exporters reported the cancellation of 272,000 MT more US corn sales to China.
US hard wheats higher flat price, KW and C cal spread inverses gain, Chicago wheat and Matif wheat and soybeans much more rangebound.
Small gains overnight in US ags, possibly short term bull targets met in KWN? Crop report next Friday, an interesting COT this afternoon.
A little lower for ags overnight, US wheat weekly sales good but corn negative, weather questionable in US S plains. Should be a long day.
Fed rate meeting is today, US ags overnight went on a wild wheat ride and corn held some losses as crude continued to fall.
Lower by the AM in US ags (except soybeans) as yet again bullish US wheat conditions fail to garner any buying interest
Wheats lower and row crops nearly unch overnight, we await this afternoons US crop progress/conditions reports
A quiet slightly higher night in US ags, world ag futures fall off cliffs, deliveries against US SRW and HRS on first intentions yesterday.
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