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Morning Wire
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.
Macros continue their multiday reversal, ags quiet overnight but corn has held its support trendline for a week now.
Wheat continues its uptrend, corn continues to do nothing, beans did not blow off the big break from Friday.
Crop report today, markets await the numbers
CZ-CH and SX-SF continue cratering overnight
Another mini bounce in macros and ags. Another long day ahead of us. Friday is crop report and month/quarter end.
Moderate reversals overnight, we trust it as far as we can throw it.
Major world macro events, ag futures trading mostly frozen in fear and not moving much
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.
Macros continue their multiday reversal, ags quiet overnight but corn has held its support trendline for a week now.
Wheat continues its uptrend, corn continues to do nothing, beans did not blow off the big break from Friday.
Crop report today, markets await the numbers
CZ-CH and SX-SF continue cratering overnight
Another mini bounce in macros and ags. Another long day ahead of us. Friday is crop report and month/quarter end.
Moderate reversals overnight, we trust it as far as we can throw it.
Major world macro events, ag futures trading mostly frozen in fear and not moving much
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