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…
Author: Kelley Fornoff
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…
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…