Author: Kelley Fornoff

Daily Market Comments

By: Dan Hueber – Grain and soybean markets ended up swooning just a bit yesterday but the market-paramedics were able to administer dose of smelling salts overnight to revive the trade.  Also helping this morning have been generally supportive macros and relatively decent export sales for corn and beans. As…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher to unchanged overnight. At the break, December corn is 1’2 higher at 339’6, January soybeans are 0’2 higher at 986’0, and December Chicago wheat is 1’6 higher at 398’6. A new day brought another new export sale this morning, this time with 106,200…

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Afternoon Market Recap

By: Pat McRae – Corn December corn has sufficiently supported the 3.37 area and pushed above the last couple days high.  It is possible that the long term low has been made but we expect this market to continue along its sideways range.  Dan’s cycle count for the 21st/22nd could…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher this morning with soybeans leading the way on strong nearby demand and firmer Chinese futures overnight. At the break, December corn is 1’2 higher at 342’6, January soybeans are 4’4 higher at 994’0, and December Chicago wheat is 0’6 higher at 399’6. China…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher to unchanged in what may be shaping up to be a bit of a Turnaround Tuesday. At the break, December corn is 1’4 higher at 338’6, January soybeans are unchanged at 984’2, and December Chicago wheat is 2’6 higher at 396’6. More soybean…

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