By: Dan Hueber – As we prepare to wrap up the week, the month and the third quarter of 2016, grain and soy markets are trading defensively, awaiting the latest release from the USDA. Generally, the grain stocks estimates do not have the potential shock value of a monthly production…
Author: Kelley Fornoff
Daily Market Comments
By: Dan Hueber – As we prepare to wrap up the week, the month and the third quarter of 2016, grain and soy markets are trading defensively, awaiting the latest release from the USDA. Generally, the grain stocks estimates do not have the potential shock value of a monthly production…
Overnight Market Update
By: Kelley Fornoff – Grains are lower ahead of this morning’s USDA quarterly stocks report. However, we are seeing an increase in demand due to the lower grain prices we’ve been seeing and more export sales were announced this morning. China has reportedly announced they have approved export permits for…
Overnight Market Update
By: Kelley Fornoff Grains are higher on short covering ahead of tomorrow’s quarterly stocks report and the end of the quarter but are limited by harvest pressure. December corn is 2’2 higher at 331’4, November soybeans are 6’0 higher at 951’4, and December Chicago wheat is 1’2 higher at 404’4….
Overnight Market Update
By: Kelley Fornoff A fairly quiet overnight session has grains lower this morning as we approach the end of the month and Friday’s USDA Grain Stocks report. December corn is 1’4 lower at 330’2, November soybeans are 5’6 lower at 946’6, and December Chicago wheat is down 1’2 at 402’6….