By: Patrick McRae – Grain markets held their own for most of the day but found aggressive selling pressure into the close. The dollar index has made a fresh new low from its previous consolidation and the crude oil market has stayed steady. The multitude of hurricanes entering the gulf…
Author: Kelley Fornoff
Daily Market Comments
By: Jeff Kaprelian – Grains are mixed as we start the day. Overnight news was light, and the market is shifting its focus completely to the upcoming supply and demand estimate. We released our estimates yesterday and you can find them in the afternoon recap. But as a summary, we…
Overnight Market Update
By: Kelley Fornoff – Grains have eased slightly overnight after yesterday’s big day in soybeans. At the break, December corn is 1’2 lower at 357’2, November soybeans are 0’4 lower at 968’0, and December Chicago wheat is 1’4 lower at 441’4. There was another export sale this morning, this time…
Overnight Market Update
By: Kelley Fornoff – Grains are higher overnight with weather and demand coming to the forefront to begin the week. At the break, December corn is 3’2 higher at 358’4, November soybeans are 9’6 higher at 959’2. and December Chicago wheat is 7’6 higher at 446’4. Weather forecasts for the…
Overnight Market Update
By: Kelley Fornoff – Grains are mixed in the overnight session thus far as we head into the final trading session of the month. Currently, December corn is 0’6 lower at 344’6, November soybeans are 0’2 higher at 933’4, and December Chicago wheat is 1’4 higher at 431’2. Weekly export…