Author: Kelley Fornoff

Afternoon Grain Market Recap

By: Patrick McRae – Grain markets turned higher on the day with some good support found from the weekly export sales. While corn exports were outright disappointing, they were stronger than last week.  Soybean exports continue to be impressive and the South American La Nina talk is helping to keep…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight with soybeans running into technical resistance. There is little new fundamental news to trade on so far. At the break, December corn is 2’0 higher at 350’2, November soybeans are 4’2 higher at 962’4, and December Chicago wheat is 1’2 higher at…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are unchanged to lower overnight with corn and soybeans trading in just a 1 to 2 cent range. At the break, December corn is 1’0 lower at 348’4, November soybeans are unchanged at 955’2, and December Chicago wheat is 2’4 lower at 445’4. Rains are falling…

Read More

Read More

Afternoon Market Recap

By: Patrick McRae – Sideways trade has persisted in the grain markets since after the Quarterly Stocks Report. For the day, corn and soybean markets traded on both sides but wound up selling off towards the end of the day. The wheat market was a lone wolf as Dec 17…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are mixed overnight with little new news to really move them in either direction. At the break, December corn is 1’2 lower at 350’2, November soybeans are 2’2 lower at 955’0, and December Chicago wheat is 1’0 higher at 445’6. Next Thursday is the next…

Read More

Read More