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Morning Wire
Quiet night. Chicago wheat continues to look technically soft, corn continues to barely hold support trendline
A quiet night eroding most of yesterdays post-Putin comment gains in all but corn and US stock futures.
US CPI data not good, wheat breaks 20 cents in last 15 minutes overnight to below its prior two month uptrend channel. Corn hanging by a thread. Sold.
526,000 MT US soybeans sold to China on a flash sale this AM. Otherwise markets await todays crop report
A light turnaround overnight meant little, Russia considering ridding itself of grain export quotas this MY, crop report tomorrow
Strong US ag futures overnight reacting to worsening of the Russia/Ukraine dispute, soybeans have now technically bottomed if todays gains hold.
A quiet night in ags but the US jobs report has macros on the move all of a sudden
Beans soft, wheat and corn still in uptrend channels but just barely now for corn. Macros quiet.
A quiet night in ags and macros, Iraq and Tunisia wheat tender results and prices still unclear.
Quiet night. Chicago wheat continues to look technically soft, corn continues to barely hold support trendline
A quiet night eroding most of yesterdays post-Putin comment gains in all but corn and US stock futures.
US CPI data not good, wheat breaks 20 cents in last 15 minutes overnight to below its prior two month uptrend channel. Corn hanging by a thread. Sold.
526,000 MT US soybeans sold to China on a flash sale this AM. Otherwise markets await todays crop report
A light turnaround overnight meant little, Russia considering ridding itself of grain export quotas this MY, crop report tomorrow
Strong US ag futures overnight reacting to worsening of the Russia/Ukraine dispute, soybeans have now technically bottomed if todays gains hold.
A quiet night in ags but the US jobs report has macros on the move all of a sudden
Beans soft, wheat and corn still in uptrend channels but just barely now for corn. Macros quiet.
A quiet night in ags and macros, Iraq and Tunisia wheat tender results and prices still unclear.
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