By: Dan Hueber – I cannot even begin to count how many times over the past couple years that I have had to write that the wheat market remains as the “dog” of the grain and soy complex as it consistently either moved lower or sideways at best as corn…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Wetter weather placed in the Midwest forecasts has halted the upward pressure in much of the grains today. Cattle markets saw limit down moves on some weaker cash cattle trade, and the federal reserve bank has raised interest rates .25% bringing some short cover buying to…
Overnight Market Update
By: Kelley Fornoff – Grains are slightly higher overnight with the exception of corn which is trying to hold steady. At the break, July corn is 0’4 lower at 380’4, July soybeans are 3’6 higher at 936’2, and July Chicago wheat is 2’6 higher at 447’6. Minneapolis wheat continues to…