Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – Grain markets saw aggressive selling led mostly by the wheats aggressive drop in price.  This drop appears to be in reaction to the Kansas wheat quality tour’s finding of 46.9 bpa well above their 5 year average of 39.1 bpa.   Cattle markets had an ugly day…

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Free Commentary

By: Dan Hueber – After a very promising start to this new month, grain and soy prices have dropped sail and are once again floundering for direction.  This most encouraging action has been in the wheat, which not only is the commodity being most directly impacted by the recent adverse…

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Daily Market Comments

By: Dan Hueber – After a very promising start to this new month, grain and soy prices have dropped sail and are once again floundering for direction.  This most encouraging action has been in the wheat, which not only is the commodity being most directly impacted by the recent adverse…

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Overnight Market Update

By: Kelley Fornoff – Grains have pushed lower overnight with July corn 3’2 lower at 371’4, July soybeans 2’2 lower at 973’0, and July Chicago wheat 4’6 lower at 449’2. Corn opened higher but has so far been unable to sustain strength ahead of the big planting window that is…

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Afternoon Market Recap

By: Patrick McRae – Today saw friendly trade in the grain and livestock markets.  Another wet weather event is in the forecast for the Midwest effecting Missouri, Central and southern Illinois, Indiana, and Ohio.  Today the fed announced it would not be raising interest rates, and we are another day…

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