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Morning Wire
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
Grains & Oilseeds lower overnight as row crop harvest ramps up and outside pressure continues to build
A marginal ag bounce overnight on Egypt wheat tender and S Hemisphere weather concerns, Fed rate decision for US today.
Lower overnights but with a late session bounce this AM to nearly unch. Crude still screaming higher.
A quiet lower night in ags with no technical damage done. Australian wheat area forecast continues dry.
Calm and quiet on little news overnight. NOPA crush due out today.
StatsCan estimates slightly higher wheat crop, ECB raises rates 0.25%
Wheat rallies overnight on tight global major exporter stocks and a Ukranian attack on Russia’s Sevastopol port, other ags quiet. US CPI comes in high.
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
Grains & Oilseeds lower overnight as row crop harvest ramps up and outside pressure continues to build
A marginal ag bounce overnight on Egypt wheat tender and S Hemisphere weather concerns, Fed rate decision for US today.
Lower overnights but with a late session bounce this AM to nearly unch. Crude still screaming higher.
A quiet lower night in ags with no technical damage done. Australian wheat area forecast continues dry.
Calm and quiet on little news overnight. NOPA crush due out today.
StatsCan estimates slightly higher wheat crop, ECB raises rates 0.25%
Wheat rallies overnight on tight global major exporter stocks and a Ukranian attack on Russia’s Sevastopol port, other ags quiet. US CPI comes in high.
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