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Beans soft, wheat and corn still in uptrend channels but just barely now for corn. Macros quiet.
A mighty bounce of 20% of yesterdays losses in US wheats overnight, corn unch, and beans slightly lower. Nothing happened but something probably will in the day session.
Chicago wheat and Matif wheat break July/Sep support, other world ags pretty quiet, some concerns regarding Chinese corn and weather surface there.
A quiet overnight. Mondays US crop progress/conditions will include corn and spring wheat conditions.
Inside nights for wheats, soybeans bouncing, corn continues to go nowhere. We are awaiting the US interest rate news this afternoon.
Extreme Volatility Hits CBOT as Russian Military Invades Ukraine; Matif Wheat Trades an All-Time High
Conab drops their Brazil soybean estimate from 139 MMT to 125. USDA yesterday was at 134. Time for price rationing.
Weekly Export Inspections as of 10/28/2021
World wheat and corn higher on a new leg up, Malaysian palmoil also higher testing contract highs. But US soybeans, Dalian corn, and Dalian soymeal flattish.
Beans soft, wheat and corn still in uptrend channels but just barely now for corn. Macros quiet.
A mighty bounce of 20% of yesterdays losses in US wheats overnight, corn unch, and beans slightly lower. Nothing happened but something probably will in the day session.
Chicago wheat and Matif wheat break July/Sep support, other world ags pretty quiet, some concerns regarding Chinese corn and weather surface there.
A quiet overnight. Mondays US crop progress/conditions will include corn and spring wheat conditions.
Inside nights for wheats, soybeans bouncing, corn continues to go nowhere. We are awaiting the US interest rate news this afternoon.
Extreme Volatility Hits CBOT as Russian Military Invades Ukraine; Matif Wheat Trades an All-Time High
Conab drops their Brazil soybean estimate from 139 MMT to 125. USDA yesterday was at 134. Time for price rationing.
Weekly Export Inspections as of 10/28/2021
World wheat and corn higher on a new leg up, Malaysian palmoil also higher testing contract highs. But US soybeans, Dalian corn, and Dalian soymeal flattish.
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