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Morning Wire
Lots of minor news ahead of US crop report day today. CPI number was neutral.
World wheat continues to stagger at lows, world row crops continue to hold. Its either a wheat bottom or theres a dollar more downside. Place your bets, US acreage numbers are tomorrow for winter wheat.
A thorough thrashing of US and world winter wheats overnight, but row crops and macros were quiet.
All but soybeans weakened by the AM close, Arg forecast muddled, USDX screaming lower and crude up 2.25.
Drier Arg forecasts have corn a little higher, otherwise a quiet night in ags and macros.
minor bounces in grains and crude overnight, nothing to get too excited about yet.
Something for everyone as beans higher but wheats and corn lower. We await the Fed Dec minutes at 2PM CT today.
Higher calls for row crops off Arg weekend rains that mainly missed big corn areas.
US beans and Dalian meal higher overnight, this weekends Arg rains will be closely watched
Lots of minor news ahead of US crop report day today. CPI number was neutral.
World wheat continues to stagger at lows, world row crops continue to hold. Its either a wheat bottom or theres a dollar more downside. Place your bets, US acreage numbers are tomorrow for winter wheat.
A thorough thrashing of US and world winter wheats overnight, but row crops and macros were quiet.
All but soybeans weakened by the AM close, Arg forecast muddled, USDX screaming lower and crude up 2.25.
Drier Arg forecasts have corn a little higher, otherwise a quiet night in ags and macros.
minor bounces in grains and crude overnight, nothing to get too excited about yet.
Something for everyone as beans higher but wheats and corn lower. We await the Fed Dec minutes at 2PM CT today.
Higher calls for row crops off Arg weekend rains that mainly missed big corn areas.
US beans and Dalian meal higher overnight, this weekends Arg rains will be closely watched
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