By: Kelley Fornoff – Grains are slightly higher overnight on fundamentals, with rains expected to continue to limit field work across the Corn Belt over the next ten days. At the break, May corn is 0’4 higher at 368’2, May soybeans are 2’4 higher at 940’6, and May Chicago wheat…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grains were relatively quiet given the digestive period we usually see after a quarterly stocks report. The corn market managed to close friendly but soybeans continue to push lower. Cattle markets have seen some supportive action and the dollar continues to bounce from its earlier sell off….
Overnight Market Update
By: Kelley Fornoff – Grains are mixed overnight and have been trading in a fairly tight range. At the break, May corn is 1’2 higher at 358’6, May soybeans are 1’4 lower at 961’4, and May Chicago wheat is 1’4 higher at 422’4. Brazilian soybean estimates continue to increase, with…