Author: Kelley Fornoff

By: Kelley Fornoff – Grains are mixed with the soy complex leading the way on stronger soybean oil and strong export sales last week that are so far carrying over into today. January soybeans are 9’2 higher at 1055’2. Now may be a good time to start looking at more…

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By: Patrick McRae – Corn: Lacking fundamental news with corn, the trade continued on with the trend of the prior days.  Initially corn pulled back a few cents from its overnight trade but finished the day ¼ cent higher on Dec 17 corn.  Look for our cycle counts on the…

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By: Kelley Fornoff – Grains are sharply lower after the rally we have seen the past two days. At the break, December corn is 3’4 lower at 347’4, January soybeans are 9’0 lower at 1021’0, and December Chicago wheat is 6’6 lower at 400’4. Before turning lower, January soybeans hit…

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By: Patrick McRae – Corn: Dec corn closed 1’2 higher at 351’0. Little fundamental news was seen as a factor in today’s trade but the strong bounce we have seen in corn has led today’s close above the 350’0 price point and is nearing the 355’0 – 360’0 price levels…

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By: Kelley Fornoff and Jeff Kaprelian – Grains are slightly lower after yesterday’s rally. The soy complex is mixed with meal gaining on oil after higher Asian oil markets overnight. China purchased 30,000 MT of US soybean oil for delivery during the current marketing year. On the corn side, shipments…

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