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Morning Outlook


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Overnight Highlights

  • Overnight grain markets: Corn +3, Soybeans +7, Wheat +4, Crude -.17, Gold -10.6, Dollar +.24, Dow futures +86.
  • Grain Markets traded firmer overnight after yesterday’s selloff.
  • China’s Ambassador to the US said on Wednesday that they would prefer to resolve the trade disputes with the US through negotiation.
  • Ukraine’s corn exporters are looking with hope at the trade spat between the US and China, thinking it may improve demand for Ukrainian corn.

Commodity Weather Group Forecast



All opinions expressed in this commentary are solely those of Water Street Advisory. This data and these comments are provided for information purposes only and are not intended to be used for specific trading strategies. Although all information is believed to be reliable, we cannot guarantee its accuracy or completeness. There is significant risk of loss involved in commodity futures and options trading and may not be suitable for all investors.

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