By: Dan Hueber – While the extreme heat that those in the southwestern region of this nation are experiencing may be the headline weather story on the nightly news, understandably it has done little to make bears in the corn and bean markets sweat. Of course, seeing little change to…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains are lower again overnight with the exception of Minneapolis wheat after yesterday’s spring wheat crop ratings continued to disappoint. At the break, July corn is 2’2 lower at 373’0 and July soybeans are 4’6 lower at 933’0. July wheat contracts have Chicago 2’0 lower at…
Afternoon Market Recap
By: Patrick McRae – Grain markets saw some strong selling action today as the rain events over the weekend helped much of the growing areas. Crop conditions this week were expected to see an improvement in corn of 1% but based on today’s release the conditions were left unchanged in…
Overnight Market Update
By: Kelley Fornoff – Grains are mixed overnight with corn leading the way lower as funds reduced their overall shorts last week and weekend weather has likely brought some crop improvement. At the break, July corn is 4’4 lower at 379’4, July soybeans are 2’2 higher at 941’2, and July Chicago wheat…
Afternoon Market Recap
By: Patrick McRae – Grain markets saw positive trade today as the weather forecasts put some heat in the longer day forecasts. That being said there are some good rain events expected for this weekend but the trade today was not too worried to take profits. Mondays crop conditions ratings…