Author: Kelley Fornoff

By: Patrick McRae – Today’s markets were mostly lower in the grains but closed well off their lows in corn, soybeans, and wheat. Cattle markets had a big up day as the fear of a further drop in cash prices seems to be a head fake by the packers. Just…

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By: Kelley Fornoff – Grains finished the overnight session slightly lower as we head into the final trading day of the week. At the break, May corn is 0’2 lower at 360’4, May soybeans are 0’6 lower at 940’6, and May Chicago wheat is 0’2 lower at 423’0. In US…

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By: Kelley Fornoff – Grains are steady overnight with soybeans failing to push higher after yesterday. At the break, May corn is unchanged at 364’6, May soybeans are 1’2 higher at 945’5, and May Chicago wheat is 0’2 higher at 430’0. Weekly export sales for 16/17 were above estimates for…

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By: Patrick McRae – Today was a friendlier day with corn and soybeans closing stronger and gave some support to cattle as the market managed to close off its lows. Next week’s USDA report is the talk of the trade, as well as the above average rainfall that has been…

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By: Kelley Fornoff – Grains are higher overnight led by soybeans that are seeing a technical bounce off of recent lows. At the break, May corn is 2’4 higher at 365’4, May soybeans are 8’2 higher at 946’0, and May Chicago wheat is 1’4 higher at 428’4. Soybeans are lacking…

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