Wheat's rally and the future ramifications
Unforeseen events and comments affecting prices.
Fundamentals look good
When queried about rumors that Russia would be curbing wheat exports this year due to the short-fall in production, the official word from ag ministry is nyet. That said, it is interesting that they met...
No major reports to focus on this morning but news China is sending a team to reopen talks before the next round of tariffs begin [...]
What to look for in todays Ag trade.
Politics and Weather
All Eyes on Trade
Soybean (ZS) staged a massive 3% plus rally yesterday, but is due for a bit of consolidation today as it bumps up against triangle resistance (on the 4hr chart). Significantly, ZS has recovered downchannel...
Promise of resumed China trade talks boosts major markets.
June can be a good month of weather rallies as spec traders look to play the upside while farmers look to market more corn and soybeans. Listen to industry expert Craig Turner discusses his expectations....
Buying a Rally Into Harvest - Not Me!!
And what else is new, you ask?
Good News Or Bad News, Trade Looking For New News
Grains find support in the overnight and early morning trade, is it sustainable?
U.S./China talks are slated to resume later this month.
Corn (ZC) is rallying strongly in today's Asia morning, reclaiming downchannel resistance (on the daily chart) and approaching the same chart's triangle resistance. Significantly, ZC is firming...
US Wheat is not an upside leader
Soy processings impressed but export concerns prevailed.