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Screaming world palmoil and now higher US beanoil and canola testing highs. Overnights slightly higher. More big US exports announced this AM.
Macros move on Chinese 284 billion stimulus news and strong US Q2 GDP +3%. Most ags rally overnight also, notably not US corn as weekly export sales disappointed.
Row crops finished higher, winter wheats marginally lower on a back and forth US ag futures overnight. First intentions day for Sep ag futures is after the close today.
US ags lower again overnight, MGE spring wheat much lower flat price and cal spreads after reports from harvest of heavy falling numbers problems in this years ND and MN crops.
More downside pressure. Soybeans make new lows and KC makes new lows and corn tests lows as traders expect Outlook balance sheets to be bearish for 24/25.
Wheat continues to surge higher after KC posted a key reversal yesterday, corn continues to be unch despite the wheat rally. First notice day for Dec ags is today.
A quiet night in ags and macros as we await todays NOPA crush report
Higher in US soybeans overnight on continued good crush margins, quiet in the other ags.
A subdued US ag overnight market awaiting Fridays crop report, some interesting Dalian overnight price action, India struggles with high domestic wheat prices.
Screaming world palmoil and now higher US beanoil and canola testing highs. Overnights slightly higher. More big US exports announced this AM.
Macros move on Chinese 284 billion stimulus news and strong US Q2 GDP +3%. Most ags rally overnight also, notably not US corn as weekly export sales disappointed.
Row crops finished higher, winter wheats marginally lower on a back and forth US ag futures overnight. First intentions day for Sep ag futures is after the close today.
US ags lower again overnight, MGE spring wheat much lower flat price and cal spreads after reports from harvest of heavy falling numbers problems in this years ND and MN crops.
More downside pressure. Soybeans make new lows and KC makes new lows and corn tests lows as traders expect Outlook balance sheets to be bearish for 24/25.
Wheat continues to surge higher after KC posted a key reversal yesterday, corn continues to be unch despite the wheat rally. First notice day for Dec ags is today.
A quiet night in ags and macros as we await todays NOPA crush report
Higher in US soybeans overnight on continued good crush margins, quiet in the other ags.
A subdued US ag overnight market awaiting Fridays crop report, some interesting Dalian overnight price action, India struggles with high domestic wheat prices.
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