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Morning Wire
Continued strength in KC wheat flat price and cal spreads overnight.
Another quiet night session in world ags and macros.
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.
Continued strength in KC wheat flat price and cal spreads overnight.
Another quiet night session in world ags and macros.
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.
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