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Morning Wire
A 4 day week and then another 3 day closure for New Years.
A slightly higher overnight session. US Dollar worth watching vs Euro and Canadian/Australian Dollars.
Slightly better Brazilian rain forecasts, Weekly US ag export sales on low end of ranges of expectations, row crops hanging by a thread to downside breakout potential.
A quiet overnight, both front CH4 and new crop CZ4 hanging to major support.
US bean futures lower on better central Brazil rain forecasts, but technically it was not an important move yet.
Crude, Dalian corn, and KW-W intermarket were the key overnight features
Lots of macro and wheat relationship movement overnight and yesterday in US ag futures making todays day session an important day.
Slightly higher ags overnight, US weekly ag export sales report out this AM was strong but within expectations.
Ags lower overnight, macros quiet, Fed commetary expected today re interest rates.
A 4 day week and then another 3 day closure for New Years.
A slightly higher overnight session. US Dollar worth watching vs Euro and Canadian/Australian Dollars.
Slightly better Brazilian rain forecasts, Weekly US ag export sales on low end of ranges of expectations, row crops hanging by a thread to downside breakout potential.
A quiet overnight, both front CH4 and new crop CZ4 hanging to major support.
US bean futures lower on better central Brazil rain forecasts, but technically it was not an important move yet.
Crude, Dalian corn, and KW-W intermarket were the key overnight features
Lots of macro and wheat relationship movement overnight and yesterday in US ag futures making todays day session an important day.
Slightly higher ags overnight, US weekly ag export sales report out this AM was strong but within expectations.
Ags lower overnight, macros quiet, Fed commetary expected today re interest rates.
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