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Overnight
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FarmingMo
Posted 5/6/2024 10:36 (#10730695 - in reply to #10730636)
Subject: RE: Overnight


NeMO
I wouldn't be surprised to see a soybean sale announced tomorrow. But wheat seems to be leading the complex. Funds started covering their short positions there first. Dry in western KS and Russia. Flooding in brz. Leafhoppers in argy. Very dry in safrina areas of Brazil. Wet in midwest. Funds heavily short. It seems like we went from nothing bullish to lots of slightly bullish things all at once. But I'm not suggesting we get too bulled up yet
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