Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains eased overnight as we continue to trade the weather and little to no fresh news. At the break, September corn is 6’4 lower at 384’4, August soybeans are 7’6 lower at 1005’4, and September Chicago wheat is 0’6 lower at 505’0. Informa updated its yield…

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Overnight Market Update

By: Kelley Fornoff – Grains are mixed overnight with weather still being the driving factor. At the break, September corn is 5’0 higher at 387’4, August soybeans are 6’4 higher at 1006’2, and September Chicago wheat is 1’6 lower at 501’2. Weekly export sales were strong across the board for…

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Afternoon Market Recap

By: Patrick McRae – Grain markets saw good buying support off of more heat and dryness in the forecast.  Farmer selling has still been heavy at the $4.00 price level in corn and has capped some of the rally potential for the time being.  Forecasts have put in some rain…

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Daily Market Comments

By: Dan Hueber – While we have not really witnessed a significant improvement in grain/soy prices this week, at least on a closing basis, there has been a marked and long overdue increase in the volatility.  We often think of the word volatility as something that is bad.  In fact,…

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Overnight Market Update

By: Kelley Fornoff – Grains charged higher overnight as crop ratings declined again yesterday. At the break, September corn is 12’0 higher at 387’0, August soybeans are 14’0 higher at 999’0, and September Chicago wheat is 9’4 higher at 515’4. Although the crop conditions report remained within the range of estimates,…

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