Author: Kelley Fornoff

By: Patrick McRae – Grain markets seem to have digested the USDA information from yesterday, and to a pleasant surprise, the market did have a positive day.  Not much new information has come out but the general idea is that the USDA is not accurate on its findings.  With that…

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By: Kelley Fornoff – Corn and soybeans are seeing a bit of a technical correction after yesterday’s USDA report. At the break, December corn is 0’4 higher at 371’4, November soybeans are 5’6 higher at 946’0, and December Chicago wheat is 1’2 lower at 467’4. There is little in the…

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By: Dan Hueber – It is always a bit of a challenge to find something to write, pertaining to markets at least, the morning of a USDA report as within a couple hours anything one says could be rendered meaningless.  I believe that especially holds true this morning as we…

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By: Patrick McRae – Grain markets held their own throughout the day.  Light ranges were seen as traders appear to be positioning themselves before tomorrow’s USDA report.  NOAA forecasts still show their longer term models to have sufficient moisture for the Midwest with lower than average temperatures.  Expectations for tomorrows…

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By: Kelley Fornoff – I apologize for the brevity of the Daily Comments due to travel. Patrick will have a much more comprehensive afternoon recap. Grains were quiet overnight heading into tomorrow’s USDA report. At the break, September corn is 0’2 higher at 370’0, September soybeans are 1’6 higher at…

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