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Morning Wire
A quiet nothing night in ags and macros as traders continue to study the latest Russian move. US weekly export sales out this AM were awful.
Russia ups the ante, world ag traders are mainly keeping hands off buy/sell buttons and watching to what the responses will be
A quiet overnight, yesterdays US crop conditions showed another small row crop drop in g/ex
A lower evening session for US ag futures. Will the US winter wheats continue lower here and fail technically or will they rebound again like last week?
A quiet overnight session in ags and macros. US wheats not rebounding from their winter wheat outside lower days yesterday is concerningly bearish for next week if it remains lower today.
US Railroad Strike Averted
A quiet overnight, we now await macros and the three week dump of US export data tomorrow AM that will include year end rollovers for row crops
More gains overnight in ags although CZ softened late. All US ag futures near highs. US inflation 8.3 way too high. Brazilian plantings will now be under the microscope
Finally crop report day today, overnights were a choppy mess.
A quiet nothing night in ags and macros as traders continue to study the latest Russian move. US weekly export sales out this AM were awful.
Russia ups the ante, world ag traders are mainly keeping hands off buy/sell buttons and watching to what the responses will be
A quiet overnight, yesterdays US crop conditions showed another small row crop drop in g/ex
A lower evening session for US ag futures. Will the US winter wheats continue lower here and fail technically or will they rebound again like last week?
A quiet overnight session in ags and macros. US wheats not rebounding from their winter wheat outside lower days yesterday is concerningly bearish for next week if it remains lower today.
US Railroad Strike Averted
A quiet overnight, we now await macros and the three week dump of US export data tomorrow AM that will include year end rollovers for row crops
More gains overnight in ags although CZ softened late. All US ag futures near highs. US inflation 8.3 way too high. Brazilian plantings will now be under the microscope
Finally crop report day today, overnights were a choppy mess.
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