Corn futures rallied to 3 year highs on Wednesday with contracts closing 10 to 13 ½ cents higher. Spillover strength in wheat and supply concerns over the US crop have both been supportive. The CmdtyView national average Cash Corn price was up another 13 1/2 cents at $4.85.
Export Sales data will be released on Thursday, with ******* ysts looking for net reductions of 200,000 MT to net sales of 400,000 MT for 2025/26 sales in the week ending on August 20. New crop bookings are expected to be in a range of 0.6-1.6 MMT in that week.
Coffee Prices Slump on the Outlook for Larger Brazil Coffee Supplies
Coffee Prices Plunge in Anticipation of Larger Brazil Supplies
Will this Watson Wednesday be Driven by Wheat or Whisky?
#sales #prices #supplies #wheat
Export Sales data will be released on Thursday, with ******* ysts looking for net reductions of 200,000 MT to net sales of 400,000 MT for 2025/26 sales in the week ending on August 20. New crop bookings are expected to be in a range of 0.6-1.6 MMT in that week.
Coffee Prices Slump on the Outlook for Larger Brazil Coffee Supplies
Coffee Prices Plunge in Anticipation of Larger Brazil Supplies
Will this Watson Wednesday be Driven by Wheat or Whisky?
#sales #prices #supplies #wheat
2 months ago
