Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Corn and soybeans are higher with wheat trading lower as the Dollar eases after a rally yesterday. Soybeans climbed nearly ten cents higher early in the overnight session but are settling in for what may be a lower day. At the break, March corn is 0’6…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are lower due to a higher Dollar this morning after the Fed raised interest rates by 25 basis points or .25 percent. In yesterday’s announcement, they suggested it is likely to see 3 more interest rate increases in the new year. At the break, March…

Read More

Read More

Afternoon Market Recap

By: Patrick McRae – March 17 corn closed ¾ of a cent higher at $3.62.  The buying was steady after the market briefly pressed lower to start the day and closed at the highs. Ethanol output increased to 1.04 million barrels per day. This shouldn’t come as a surprise given the…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are lower with little action overnight. At the break, March corn is 1’2 lower at 356’6, January soybeans are 5’4 lower at 1022’4, and March Chicago wheat is 3’0 lower at 414’4. There were no new 8am export sales this morning for the second day…

Read More

Read More

Overnight Market Update

By: Kelley Fornoff – Grains are mixed in the overnight with little new market moving news so far as it seems that traders are getting back into holiday mode. March corn is 0’6 lower at 359’6, January soybeans are 4’0 higher at 1035’0, and March Chicago wheat is 1’6 lower…

Read More

Read More