By: Pat McRae With the markets seeing early weakness from the overnight sessions the soybean complex closed well off their lows while corn and wheat remained under selling pressure through the close. Corn Dec 16 corn closed 3 cents lower closing at 337 ¼ on the day. The initial move…
Author: Kelley Fornoff
Free Commentary
By: Dan Hueber – To a rational mind, it would seem that the soybean market was hit with enough negative news from the USDA this past week to send prices spiraling lower with bulls scampering for the exits with their tails tucked between their hind haunches. First, the national yield…
Daily Comments
By: Dan Hueber – To a rational mind, it would seem that the soybean market was hit with enough negative news from the USDA this past week to send prices spiraling lower with bulls scampering for the exits with their tails tucked between their hind haunches. First, the national yield…
Overnight Market Update
By: Kelley Fornoff – Soybeans are higher on continued strength in Malaysian palm oil. So far, soybeans have recovered the remainder of the losses seen on Wednesday. At the break, January soybeans are 10’6 higher at 1008’6, December corn is 2’0 lower at 341’4, and December Chicago wheat is 1’6…