By: Kelley Fornoff – Grains are mixed following a low volume overnight session heading into the 3-day Memorial Day weekend. At the break, July corn is 1’0 higher at 370’2, July soybeans are 3’2 lower at 936’2, and July Chicago wheat is 0’4 higher at 431’2. The International Grains Council…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets as a whole closed lower today. Cattle prices climbed to eliminate yesterday’s losses and crude oil has set back nearly three dollars on the day. Questions pertaining the impeachment of the Brazilian president have been in question but the Real has not broken any…
Overnight Market Update
By: Kelley Fornoff – Grains are higher overnight with the US Dollar pressing lower. At the break, July corn is 1’0 higher at 372’2, July soybeans are 3’6 higher at 952’0, and July Chicago wheat is 1’6 higher at 434’2. Weekly export sales were out this morning with disappointing corn…
Afternoon Market Recap
By: Patrick McRae – Grain markets closed lower on the day as the trade’s focus was on the on-pace planting progress and the crop conditions being within expectations. Cattle markets closed lower, the US Dollar is having a bounce, and the weather models are forecasting showers in the eastern corn…