Author: Kelley Fornoff

Jun 17, 2019 | For Members

Afternoon Market Recap

By: Patrick McRae – Grain markets started the overnight session with great enthusiasm with the weather forecasts and rain over the weekend. The planting progress report this afternoon has corn planting at 92% and soybeans at 77%. Emergence for both is quite behind with corn at 79% with a G/Ex…

Jun 14, 2019 | For Members

Afternoon Grain Market Recap

By: Kelley Fornoff – Grains finished higher heading into the weekend with corn and soybeans both making big moves amid a lack of new news. December corn held onto its strength from yesterday and was able to extend to 465’0 before closing 7’6 higher at 463’4. July closed 11’0 higher…

Jun 14, 2019 | For Members

Daily Market Comments

By: Dan Hueber – It would appear that we are poised for a banner week for the bulls all around. If we closed right at the time I am writing this, July wheat would be up 33-cents and at the highest level traded since late January this year. Beans by…

Jun 12, 2019 | For Members

Daily Market Comments

By: Dan Hueber – As it turned out, Uncle Sam had a surprise or two up his sleeve for the corn market yesterday as they broke with tradition by making both acreage and yield adjustments in the June report. As I have noted previously, the June estimate is most normally…

Jun 10, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff It was a fairly uneventful Monday for grains as we coasted into this afternoon’s plant progress and corn conditions and tomorrow’s USDA supply and demand report. Dry weather for this week has pressured both markets with the anticipation that a lot of planting could get done…