Author: Kelley Fornoff

Oct 29, 2019 | For Members

Afternoon Grain Market Recap

By: Kelley Herwig – The South China Morning Post reported this morning that the first phase of the US/China agreement will be signed November 17 in Chile “if everything goes smoothly”. The grain markets reacted higher for a bit before resuming the normal trading day that followed. Yesterday’s crop progress…

Oct 25, 2019 | For Members

Afternoon Grain Market Recap

By: Kelley Herwig – Soybeans experienced a technical sell off toward the end of the day despite earlier reports that the US and China are close to finalizing some sections of the trade deal. At the beginning of the week, expectations were high for US soybean export sales to China…

Oct 24, 2019 | For Members

Afternoon Grain Market Recap

By: Kelley Herwig – It was a rather uneventful day in grains with corn and soybeans both ending the day slightly lower. Overnight, China said they had agreed to purchase 20 billion dollars worth of US ag products as part of the first phase of the trade deal expected to…

Oct 18, 2019 | For Members

Afternoon Market Recap

By: Kelley Herwig – Corn and soybeans both saw weaker closes compared to where they were trading around noon today. Soybeans saw better than expected export sales this morning which helped provide support into the close but we are still off the highs from earlier in the week. It was…

Oct 15, 2019 | For Members

Daily Market Comments

By: Dan Hueber – While it is difficult to say if it is just a case of Tuesday Undo action in the grain and soy markets, but we are experiencing a swoon in prices overnight. We should keep in mind as well that we have now seen prices steadily advance…