By: Kelley Fornoff – Harvest pressure and strength in the Dollar are weighing on grains overnight. At the break, December corn is 0’4 lower at 354’6, November soybeans are 3’4 lower at 964’6, and December Chicago wheat is 5’2 lower at 443’0. There were a couple of export sales this…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets saw a positive reaction with the release of the Sept Quarterly stocks report in corn and soybeans. Wheat action was that of profit taking longs as the report came in slightly above expectations. The breakdown of the report is as follows. Corn stocks were found…
Overnight Market Update
By: Kelley Fornoff – Grains are mixed overnight as we head into the USDA report later this morning. At the break, December corn is 0’6 higher at 353’2, November soybeans are 3’0 lower at 956’4, and December Chicago wheat is 0’2 lower at 454’6. Today’s Quarterly Stocks and Grains report…
Overnight Market Update
By: Kelley Fornoff – Grains are lower again in the overnight and seem to be range-bound ahead of tomorrow’s USDA Quarterly Grain Stocks report. At the break, December corn is 1’4 lower at 352’4, November soybeans are 5’0 lower at 960’4, and December Chicago wheat is 2’2 lower at 459’2….