Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – The cattle market’s open interest has been the highest it has been in years. For those looking for clarification, open interest increases when one person buys and another person sells a contract, increasing the number of market participants. Recently, we have seen large amounts of hedging…

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Free Commentary

By: Dan Hueber – I guess all good things must come to an end.  After closing higher for the past four weeks in the wheat and corn market and the past two in soybeans, it would appear we are set to finish on the negative side of the ledger this…

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Daily Market Comments

By: Dan Hueber – I guess all good things must come to an end.  After closing higher for the past four weeks in the wheat and corn market and the past two in soybeans, it would appear we are set to finish on the negative side of the ledger this…

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Overnight Market Update

By: Kelley Fornoff – Grains are both sides of unchanged with corn and wheat trading in nearly in a two cent range overnight. At the break, March corn is 0’2 higher at 364’0, March soybeans are 0’2 lower at 1049’2, and March Chicago wheat is 0’4 lower at 426’4. Concern…

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Overnight Market Update

By: Kelley Fornoff – Corn and soybeans are lower this morning with continued pressure from policy changes and favorable South American weather. At the break, March corn is 1’0 lower at 365’2, March soybeans are 2’6 lower at 1052’4, and March Chicago wheat is 1’6 higher at 426’2. Weekly export…

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