By: Kelley Fornoff – Grains are higher with corn and soybeans ending the session at or near the overnight highs. At the break, July corn is 1’2 higher at 373’2, July soybeans are 4’6 higher at 920’6, and July Chicago wheat is 0’4 higher at 429’6. Corn continues to find stiff…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – The grain markets as a whole had a positive start to the day as the market digested the lower crop conditions report. This strength was sadly short lived as corn closed with reasonable gains, and soybeans were unable to push past any resistance. Cattle markets saw…
Overnight Market Update
By: Kelley Fornoff – A lower than expected crop conditions report yesterday afternoon has grains slightly higher overnight. At the break, July corn is 3’6 higher at 370’6, July soybeans are 2’2 higher at 915’0, and July Chicago wheat is 2’4 higher at 432’0. An article published by Reuters overnight claims…
Overnight Market Update
By: Kelley Fornoff – Grains are lower with the focus on this afternoon’s crop conditions report. At the break, July corn is 2’6 lower at 371’4, July soybeans are 1’0 lower at 925’4, and July Chicago wheat is 3’0 lower at 435’2. Ideal weekend weather should have provided a decent…
Afternoon Market Recap
By: Patrick McRae – Grain markets were mixed with corn and wheat finding strength through the close while soybeans continue to break lower on likely technical selling. Cattle markets were down hard after the Cattle on Feed report. Exchanges and our office are closed on Memorial Day, and the USDA…