Grains – Kelley Fornoff Assumptions that dry weather this week and dry forecasts next week that will allow for plenty of plant progress sent grains lower heading into the weekend. Estimates for Monday afternoon’s plant progress look for corn to be 81 percent planted compared to 67 percent this past…
Author: Kelley Fornoff
Afternoon Grain and Cattle Recap
By: Patrick McRae – Grain markets finished mixed with corn and wheat closing higher and soybeans lower. Next week’s supply and demand report expectations have been released and were broken down in some detail in today’s daily comments. The big question moving forward with the grain markets is now what….
Daily Market Comments
By: Dan Hueber – Disappointed again! Both market bears and even more so, the farmers who are anxiously hoping to get crops planted received confirmation again yesterday as to just how challenging this spring has been. Of course, of the two, only the bears are surprised as we have destroyed…
Daily Market Comments
By: Dan Hueber – Is the party over already? It seems that it really just got started. Both the corn and wheat markets posted reversals lower yesterday after gapping into higher highs for this advance, which would tend to be viewed as a classic sign of exhaustion. Even though nothing…