By: Kelley Fornoff – Grains are slightly higher overnight but are finding some overhead pressure from outside markets and good weather for crop development. At the break, July corn is 1’6 higher at 374’4, July soybeans are 0’6 higher at 922’0, and July Chicago wheat is 0’2 higher at 429’6. Soybeans…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets saw good buying today from some better than expected export sales in soybeans. Corn and wheat saw profit taking action going into the close but the soybean market managed to maintain most of its strength throughout the day. Cattle markets saw aggressive buying in…
Overnight Market Update
By: Kelley Fornoff – Grains are higher overnight with the soy complex leading the way higher on strong oilseed demand. At the break, July corn is 2’2 higher at 372’6, July soybeans are 3’4 higher at 915’6, and Chicago wheat is 2’6 higher at 431’6. On the demand side, yesterday’s…