Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight after lower crop ratings yesterday afternoon. At the break, September corn is 0’6 higher at 373’0, September soybeans are 7’6 higher at 971’6, and September Chicago wheat is 1’6 higher at 465’2. Corn traded in a 3 cent range overnight and closed the…

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Afternoon Market Recap

By: Patrick McRae – Grain markets had a positive day as the forecasted rains across the Midwest were less than expected.  The USDA supply and demand report estimates are looking for corn yields to be around 166.2 and bean yields to be at 47.5.  G/E ratings in corn were down…

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Overnight Market Update

By: Kelley Fornoff – Grains are firmer overnight as the trade shifts focus from weather to the upcoming USDA report Thursday. At the break, September corn is 3’4 higher at 370’0, September soybeans are 6’6 higher at 959’0, and September Chicago wheat is 2’6 higher at 457’4. A couple of…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight on the last trading day of what has been a rough week in the markets. At the break, September corn is 2’4 higher at 366’0, September soybeans are 1’2 higher at 955’2, and September Chicago wheat is 2’2 higher at 460’0. Soybeans…

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Afternoon Market Recap

By: Patrick McRae – Grain markets failed to the lower end of their supportive areas today. Rain was received in the northern plains overnight and into the morning. The morning export purchases were within expected ranges and the groupings of analyst expected yields are continuing to show 165 is yields…

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