By: Dan Hueber – Grain and soy markets are generally lethargic as we begin this week and gauging from the fact that grains are under minor pressure and soy a touch firmer, we could assume the trade believes that the sunny skies that many of us in the Midwest enjoyed…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets were mixed with cattle rushing higher as the Trump effect has apparently been confirmed. The US dollar traded lower against resistance and crude oil stalled on its recovery against its prior breakout. Near term forecasts have put additional moisture in the western corn belt…
Daily Market Comments
By: Kelley Fornoff – Grains are slightly lower to unchanged overnight, finding pressure from a good weekend weather outlook to finish corn planting across much of the corn belt. At the break, July corn is 0’4 lower at 368’6, July soybeans are 3’6 lower at 962’4, and July Chicago wheat…
Overnight Market Update
By: Kelley Fornoff – Grains are mixed overnight after report day yesterday and weaker than expected export sales this morning. At the break, July corn is 2’0 lower at 371’6, July soybeans are 0’6 higher at 971’0, and July Chicago wheat is 0’4 lower at 431’2. Weekly export sales were…