Author: Kelley Fornoff

Jun 13, 2017 | For Members

Overnight Market Update

By: Kelley Fornoff – Grains are bringing back some of yesterday’s losses in the overnight led by wheat. At the break, July corn is 2’2 higher at 379’4 and July soybeans are 3’4 higher at 934’6. All wheat is higher with July Chicago wheat 5’2 higher at 439’2, Kansas City…

Jun 12, 2017 | For Members

Afternoon Market Recap

By: Patrick McRae – A negative day was seen in the grain and livestock markets. Rain events through the Midwest were a likely factor in the selloff seen in corn and soybeans today. Cattle saw lower than anticipated cash cattle sales late last Friday, and the crop conditions report released…

Jun 12, 2017 | For Members

Overnight Market Update

By: Kelley Fornoff – Grains are under pressure on new weather forecasts that show an increased chance of rain later this week. At the break, July corn is 6’2 lower at 381’4, July soybeans are 5’6 lower at 935’6, and July Chicago wheat is 6’6 lower at 439’0. Weather forecasts…

Jun 09, 2017 | For Members

Daily Market Comments

By: Kelley Fornoff – Grains are mixed overnight ahead of the USDA supply and demand report out at 11 am CST this morning. At the break, July corn is 1’4 lower at 384’2, July soybeans are 2’0 higher at 940’0, and July Chicago wheat is 2’4 lower at 446’6. Soybeans…

Jun 08, 2017 | For Members

Afternoon Market Recap

By: Patrick McRae – Grain markets continued their march higher but did see some strong profit taking going into the close. USDA supply and demand report will be released tomorrow at 11 am. Typically, the USDA does not adjust production much on this report. Average trade guesses are as follows: Corn…