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Morning Wire
No changes, ags higher as here comes the US heat and lack of rain in the US corn/soybean belt key areas
US and EU weather continues forecast very hot for 10 days at least and dry also, CZ2 is at a major technical point after the night session.
all US ag futures slightly higher overnight, ridge of heat moves slightly eastward to encompass C US in the 8-14 day forecast, Fed rate hike today at 1PM CT.
Worse than expected US row crop conditions and poor US and EU forecasts made for more gains overnight.
Higher world ags overnight on bullish Russia/Ukraine news and weather, but gains were limited which makes us nervous not excited
Russia/Ukraine pact will be signed at 830AM CT, US weather forecasts get cooler and wetter, ag markets break overnight unsurprisingly as a result
A lower night in US row crops on continued better weather forecasts, CZ nearing major support area
More rain in the forecast pressures row crops, wheat up 20……
Overnights reversed marginally. As of press time of this wire, the Egyptian tender offers were very unclear and muddled still.
No changes, ags higher as here comes the US heat and lack of rain in the US corn/soybean belt key areas
US and EU weather continues forecast very hot for 10 days at least and dry also, CZ2 is at a major technical point after the night session.
all US ag futures slightly higher overnight, ridge of heat moves slightly eastward to encompass C US in the 8-14 day forecast, Fed rate hike today at 1PM CT.
Worse than expected US row crop conditions and poor US and EU forecasts made for more gains overnight.
Higher world ags overnight on bullish Russia/Ukraine news and weather, but gains were limited which makes us nervous not excited
Russia/Ukraine pact will be signed at 830AM CT, US weather forecasts get cooler and wetter, ag markets break overnight unsurprisingly as a result
A lower night in US row crops on continued better weather forecasts, CZ nearing major support area
More rain in the forecast pressures row crops, wheat up 20……
Overnights reversed marginally. As of press time of this wire, the Egyptian tender offers were very unclear and muddled still.
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