Author: Kelley Fornoff

By: Patrick McRae – March 17 corn closed 1 cent higher after feeling initial weakness at the start of the day’s session. The 3.60 resistance level is still showing good selling but indication of buying interest could prove to be strong enough for a pop higher.  Fundamentally today’s market saw…

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By: Dan Hueber – Good Monday morning and to those of you who reside in the upper Midwest as I do, welcome to winter as well.  I have to admit that like it or hate it, our terrain is now covered in a blanket of the whitest snow and as…

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By: Kelley Fornoff – Grains are lower with the exception of soybeans on higher outside markets. March corn is 1’6 lower at 357’6, January soybeans are 2’0 higher at 1039’4, and March Chicago wheat is 6’6 lower at 406’6. Big outside market news surrounds crude again today. Crude gapped higher in…

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By: Patrick McRae – Today we saw the December USDA supply and demand report. From a balance sheet perspective, the USDA kept ending stocks the same for corn and soybeans but this did not cause for a bearish close in the markets. Corn: March 17 corn closed 6 cents higher…

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