Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Bad weekend weather across the Plains and Corn Belt has grains rallying overnight. At the break, July corn is 6’2 higher at 372’6, July soybeans are 9’6 higher at 966’0, and July Chicago wheat is 12’2 higher at 444’4. Weather is the theme to begin the week with…

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Afternoon Market Recap

By: Patrick McRae – Today saw the grain markets mixed with corn and beans closing lower and wheat slightly higher.  Cattle had another aggressive buying day, and the dollar index still flirts on support.  The 6 – 10 day forecast show a good dry period for planting and the longer…

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Overnight Market Update

By: Kelley Fornoff – Grains are mixed overnight as we head into the last trading session of the month. Wheat is leading grains so far this morning and corn is continuing with its range bound trade. At the break, July corn is 2’0 lower at 367’2, July soybeans are unchanged at 957’2,…

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Overnight Market Update

By: Kelley Fornoff – Grains turned higher overnight with July corn 1’0 higher at 367’6, July soybeans 1’2 higher at 957’6, and July Chicago wheat 2’2 higher at 428’6. Export sales were rather disappointing for old crop wheat but were impressive for corn and soybeans. Net sales for 16/17 wheat…

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Afternoon Market Recap

By: Patrick McRae – Today saw a quick reaction lower in the corn and soybean markets. As quickly as we went up yesterday the market corrected lower today. Cattle had a limit up day in many of the contracts, and the Dollar index managed modest gains as it rests on…

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