Author: Kelley Fornoff

Oct 26, 2016 | For Members

Overnight Market Update

By: Kelley Fornoff – The soy complex is leading the way higher this morning. At the break, December corn is 1’0 higher at 350’2, January soybeans are 7’0 higher at 1009’2, and December Chicago wheat is 1’6 higher at 406’0. On the wheat side, Egypt is back in the buying…

Oct 25, 2016 | For Members

Overnight Market Update

By: Kelley Fornoff – Grains are close to unchanged at the break with a sort of tug-of-war between supply and demand due to US harvest pressure and record demand forecasts. December corn is unchanged at 348’2, November soybeans are 1’6 lower at 990’2, and December Chicago wheat is 0’4 higher…

Oct 24, 2016

Free Commentary

By: Dan Hueber – Gosh, it is almost beginning to feel a bit crowded in the bullish commodities camp. I noted last Friday that the World Bank boosted its forecast for higher commodity prices in 2017 in their recent outlook and now this morning I see the perennial uber-bear, Dr….

Oct 24, 2016 | For Members

Daily Comments

Oct 21, 2016

Free Commentary

By: Dan Hueber – Yesterday the World Bank issued its monthly commodity market outlook and albeit rather incremental for some sectors, is pointing to higher prices in 2017. The largest gains are expected once again in the energy sector. They now project that crude oil will average $55 a barrel…