By: Kelley Fornoff – Grains are lower as news starts to slow ahead of US planting. At the break, May corn is 0’6 lower at 360’4, May soybeans are 2’4 lower at 999’0, and May Chicago wheat is 3’2 lower at 423’2. A couple of export sales were announced this…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains moved lower overnight on a lack of fresh fundamental news. May corn is 2’0 lower at 361’4, May soybeans are 1’4 lower at 998’0, and May Chicago wheat is 2’6 lower at 427’4. Soybeans are finding pressure from a projected increase in South American soybean…
Overnight Market Update
By: Kelley Fornoff – Grains are higher overnight from Friday’s CFTC report that showed managed money still has room to build their positions before the March 31 USDA report. At the break, May corn is 2’0 higher at 369’4, May soybeans are 4’0 higher at 1004’0, and May Chicago wheat…