How can Frontier Futures be a partner in your operation’s success?
Morning Wire
Ags Chop Around Overnight as the Trade Weighs Threatening US Weather vs Global Recession Worries
Quiet overnight ag markets, continued softness in macros, US weekly export sales were huge for wheat (China) and awful for soybeans.
9.1 on the US CPI renders most of the overnight price action meaningless. Knee jerk on that number is USDX should scream and bye-bye US grain prices.
slightly lower ags overnight mean little ahead of todays USDA crop reports.
A wicked gap higher off poor US weather forecasts, then a fade all night to half the gains on the close in row crops and even less in world winter wheats.
Another wheat-led bounce overnight, somewhat threatening 6-10 and 8-14 day forecasts for the US GFS model
CBOT Joins Global Ags in a Higher Overnight Trade; Wheat Attempting to Form a Seasonal Bottom
Turnaround “Tuesday” Led by Wheat, Ags Recover Ever so Slightly After the Recent Pounding
USD Breakout to Add Pressure on Ags
Ags Chop Around Overnight as the Trade Weighs Threatening US Weather vs Global Recession Worries
Quiet overnight ag markets, continued softness in macros, US weekly export sales were huge for wheat (China) and awful for soybeans.
9.1 on the US CPI renders most of the overnight price action meaningless. Knee jerk on that number is USDX should scream and bye-bye US grain prices.
slightly lower ags overnight mean little ahead of todays USDA crop reports.
A wicked gap higher off poor US weather forecasts, then a fade all night to half the gains on the close in row crops and even less in world winter wheats.
Another wheat-led bounce overnight, somewhat threatening 6-10 and 8-14 day forecasts for the US GFS model
CBOT Joins Global Ags in a Higher Overnight Trade; Wheat Attempting to Form a Seasonal Bottom
Turnaround “Tuesday” Led by Wheat, Ags Recover Ever so Slightly After the Recent Pounding
USD Breakout to Add Pressure on Ags
More Posts
Already a client? Login for full access to Frontier Futures Market Insight