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Morning Wire
US bean and KC wheat futures climb overnight back up to technically bullish positions (for the moment), the rest of US ag futures not so much yet.
Continued light US ag futures bounce overnight, lots of rumors no confirmation of Chinese demand for US sorghum and corn, more rain for KS in the AM 10 day forecast, the fight for direction is on the balance of this week.
The beans were up 8 overnight. Is that bullish? Not really.
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.
US bean and KC wheat futures climb overnight back up to technically bullish positions (for the moment), the rest of US ag futures not so much yet.
Continued light US ag futures bounce overnight, lots of rumors no confirmation of Chinese demand for US sorghum and corn, more rain for KS in the AM 10 day forecast, the fight for direction is on the balance of this week.
The beans were up 8 overnight. Is that bullish? Not really.
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.
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