Author: Kelley Fornoff

Afternoon Market Update

By: Patrick McRae – Soybeans had their first inside day of trade in the week, corn stayed below key resistance, and live cattle pushed to new highs in both open interest and in month to month price.  The 3 day weekend has pushed the weekly export sales to tomorrow. Current…

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Daily Market Comments

By: Dan Hueber – The advance in grain and soy markets appears to have tempered just a bit overnight.  At this point, the weakness is rather insignificant, particularly in lieu of yesterday’s gains and appears to be little more than a Tuesday (or in this case Wednesday) undo day.  Note…

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Daily Market Comments

By: Dan Hueber – The extended holiday does not appear to have diminished the positive enthusiasm that grain/soy markets have been experiencing since the USDA released the final production and supply/demand estimates last week.  Granted, the buying interest has really been concentrated in beans but the rising tide appears to…

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Afternoon Market Update

By: Patrick McRae – Today saw a strong continuation in the soybean market, and a lack of movement in corn. The digestive period of the report will likely continue into next week but for now soybeans look to hold the buying interest. We are still range bound in the corn…

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Daily Market Comments

By: Kelley Fornoff and Jeff Kaprelian – Grains are easing after yesterday’s USDA report that sparked a rally in soybeans. At the break, March corn is 1’6 lower at 356’4, March soybeans are 6’2 lower at 1034’0, and March Chicago wheat is 1’4 lower at 424’6. We finally saw the…

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