Author: Kelley Fornoff

Apr 11, 2019 | For Members

Daily Market Comments

By: Dan Hueber – Finally, we have some news that would indicate that concrete steps have been made towards coming to a resolution in the U.S./Chinese trade battle. Treasury Secretary Mnuchin told reporters yesterday that the two countries have agreed to set up “enforcement offices” that will monitor if the…

Apr 10, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff The action in the corn market post-yesterday’s USDA report has been positive and corn and soybeans both closed higher today. With focus shifting more and more to the new crop season, weather will become an increasing factor. The 6-10 day forecast shows above normal precipitation and…

Apr 10, 2019 | For Members

Daily Market Comments

By: Dan Hueber – All too often it seems as if markets do not possess the ability to focus on more than one thing at a time, and it is not until they have obsessed about it ad nauseam and found some type of resolution that we can move onto…

Apr 09, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff There was little other news aside from the USDA’s Supply and Demand report that was out today, where we saw a bearish report for corn and wheat and neutral for soybeans. The numbers were as follows: Exports and feed use for corn were revised lower by…

Apr 09, 2019 | For Members

Daily Market Comments

By: Dan Hueber – If you could rely only on a brief look at the averages, one could be content that we are off to a normal start for the spring of 2019. 2% of the corn is already in the ground, the same pace as a year ago as…