Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – Corn continues to push to new weekly highs and soybeans traded in a contained range for the day. For the most part it was a quiet day of trade in the grain markets. March 17 corn managed to push up 1 cent higher on the day…

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Overnight Market Update

By: Kelley Fornoff – Grains are lower in the overnight with strong overhead pressure on the charts. At the break, March corn is 1’0 lower at 373’4, March soybeans are 6’0 lower at 1053’0, and March Chicago wheat is 3’6 lower at 445’2. The USDA had another spot export sale…

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Afternoon Market Recap

By: Patrick McRae – Strong buying was seen across the grain markets with resistance on both new crop soybeans and new crop corn being tested. While nothing strongly fundamental can be ascertained as to why these markets are rallying, these time frames in past years have often seen lower price…

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Overnight Market Update

By: Kelley Fornoff – Corn and soybeans are stronger overnight with wheat slightly lower. At the break, March corn is 1’4 higher at 371’0, Marc soybeans are 8’2 higher at 1058’6, and March Chicago wheat is 1’0 lower at 442’4. The USDA flashed a sale of 140,000 MT of soybeans…

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Overnight Market Update

By: Kelley Fornoff – Grains are unchanged to weaker heading into the day session that will include the USDA supply and demand report out at 11am CT this morning. At the break, March corn is unchanged at 370’6, March soybeans are 3’2 lower at 1055’4, and March Chicago wheat is…

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