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Morning Wire
Wheats lower, row crops higher, Poland whining, none of it matters as the crop report is today.
US crop reports and quarter end tomorrow. A quiet night as traders try to guage the new Russian ag trade in the wake of multinational firms’ exodus.
Cargill announces it will cease exporting grain from Russia beginning next MY
A slightly higher night in all but unch corn as we now await Fridays big planting intentions report
Markets sideways as we await state crop updates this afternoon and the big crop reports on Friday during the session.
Wheat higher on questionable news that maybe Russia will “curb” wheat (and sunflower) exports “for a while.”
An ag bounce overnight in all but soybeans, USDX continues to fall, wheat/corn relationship in freefall.
Fed speaks this afternoon, another round of fund selling in ags upon us??
KC wheat on new March highs, corn testing 20 day ma and old December lows, SK-SX into the ether.
Wheats lower, row crops higher, Poland whining, none of it matters as the crop report is today.
US crop reports and quarter end tomorrow. A quiet night as traders try to guage the new Russian ag trade in the wake of multinational firms’ exodus.
Cargill announces it will cease exporting grain from Russia beginning next MY
A slightly higher night in all but unch corn as we now await Fridays big planting intentions report
Markets sideways as we await state crop updates this afternoon and the big crop reports on Friday during the session.
Wheat higher on questionable news that maybe Russia will “curb” wheat (and sunflower) exports “for a while.”
An ag bounce overnight in all but soybeans, USDX continues to fall, wheat/corn relationship in freefall.
Fed speaks this afternoon, another round of fund selling in ags upon us??
KC wheat on new March highs, corn testing 20 day ma and old December lows, SK-SX into the ether.
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