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Morning Wire
Unexpected deliveries in US ags, soybeans take out technical support and join US grains bearishness.
KC continues fading overnight, front of beans a little stronger, hot and dry 10 day Arg forecast.
Lower again for US corn and wheat futures, lots of talk regarding Chinas war-ending proposal.
USDA outlook forum posts new crop acres that are right on guesses for corn and slightly bullish soybeans
A KC wheat led break overnight, Chicago wheat already approaching range lows, March ag options expiration Friday and March ag futures first intentions day Monday
A quiet overnight after a long weekend in all but soybeans and KW-W intermarket.
“nonviolent” overnight ags, but strong moves in USDX and crude to be watched today.
A quiet night in ags with the new lower trend intact, macros sideways with USDX threatening a run higher but not starting yet.
slightly lower overnights in ags.
Unexpected deliveries in US ags, soybeans take out technical support and join US grains bearishness.
KC continues fading overnight, front of beans a little stronger, hot and dry 10 day Arg forecast.
Lower again for US corn and wheat futures, lots of talk regarding Chinas war-ending proposal.
USDA outlook forum posts new crop acres that are right on guesses for corn and slightly bullish soybeans
A KC wheat led break overnight, Chicago wheat already approaching range lows, March ag options expiration Friday and March ag futures first intentions day Monday
A quiet overnight after a long weekend in all but soybeans and KW-W intermarket.
“nonviolent” overnight ags, but strong moves in USDX and crude to be watched today.
A quiet night in ags with the new lower trend intact, macros sideways with USDX threatening a run higher but not starting yet.
slightly lower overnights in ags.
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