Corn Attempts an Outside Day, Wheat Struggle to Find Support January 10, 2023
New lows were made for March Chicago and KC futures. Chicago's close was right next to its lowest close. KC posted both new lows and a new low-close. March Minneapolis came quite close to a retest of current lows. Export pricing out of the Black Sea, and continued stable moisture forecast for the US Plains, are issues. The trade also suggests Russia's cargo inspections via the Ukraine deal could pick up.
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Funds sellers of 21K, slightly higher support due to exports
December 4, 2023
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SA maps still look solid for rains in the 10 day
December 1, 2023
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Trade expects strong exports and more 8 AM announcements
November 30, 2023
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Open interest continues to fall drastically
November 29, 2023
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Overnight reacting to slow BRA planting pace and may be looking for new China buying
November 28, 2023
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