By: Patrick McRae – March 17 corn saw a lower start to the day before finding supportive buying off of the low $3.60 price levels. The RIN saw the lowest price in over a year and overall uncertainty in the ethanol industry due to the trump administrations, is causing some…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains are lower overnight with little fundamental news this morning. We could continue to see some long liquidation and new selling at these levels and press lower. At the break, March corn is 1’2 lower at 362’0, March soybeans are 4’0 lower at 1054’4, and March…
Afternoon Market Recap
By: Patrick McRae – Grains finished the day in mixed directions. Both corn and soybeans started the morning friendly but saw further weakness in corn as well as soybeans. Overall, we saw some quick technical trading that likely was due to the continued improved weather conditions in South America. Informa…