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Morning Wire
A choppy mess overnight, war isnt over. We continue to await tomorrows US crop reports for some real numbers and hopefully the beginning of a price direction trend.
Is the war over? We think its still highly questionable but this AM ags and macros came unglued as traders bit on that theory
Ag losses overnight were large, most news is bearish, but technically little damage has been done so far.
A wicked rebound in wheat, but overall another technically benign overnight as we wait for the month end USDA crop reports and plantings reports
Too boring for a headline this AM? That should be all you need to hear.
A quiet low volume night in ags and macros, notable exception Dalian soymeal on new contract highs.
Another up day for wheats, world soy products higher also, corn may be repricing to meet the Brazilian offers as it was slightly lower in front May overnight.
Risk premium being re-added in ags as the Russia/Ukraine war bogs down and continues.
An eerily light volume ag night that really did nothing technically.
A choppy mess overnight, war isnt over. We continue to await tomorrows US crop reports for some real numbers and hopefully the beginning of a price direction trend.
Is the war over? We think its still highly questionable but this AM ags and macros came unglued as traders bit on that theory
Ag losses overnight were large, most news is bearish, but technically little damage has been done so far.
A wicked rebound in wheat, but overall another technically benign overnight as we wait for the month end USDA crop reports and plantings reports
Too boring for a headline this AM? That should be all you need to hear.
A quiet low volume night in ags and macros, notable exception Dalian soymeal on new contract highs.
Another up day for wheats, world soy products higher also, corn may be repricing to meet the Brazilian offers as it was slightly lower in front May overnight.
Risk premium being re-added in ags as the Russia/Ukraine war bogs down and continues.
An eerily light volume ag night that really did nothing technically.
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