Author: Kelley Fornoff

By: Kelley Fornoff After having a weaker day yesterday, grains have ended the overnight session slightly higher. December corn is 0’2 higher at 329’2, November soybeans are 2’4 higher at 947’6, and December Chicago wheat is 1’6 higher at 397’6. The USDA announced an export sale of 120,000 MT of…

Read More

Read More

By: Kelley Fornoff – Harvest pressure and a decent weather outlook for a better harvest week has given the bulls little to look forward to and has grains lower so far this morning. At the break, December corn is 2’6 lower at 333’6, November soybeans are 2’2 lower at 952’6,…

Read More

Read More

By: Kelley Fornoff – Weakness in soymeal led soybeans lower and led the way lower for the rest of the grains. This correction was very much anticipated with indicators looking overbought and especially as yield reports have consistently been better than expected. The marketing year for soymeal is coming to…

Read More

Read More

By: Kelley Fornoff Grains are mixed with the soy complex lower as we head into the last trading session of the week. If we were to close this morning, December corn would be 3 cents lower on the week, November soybeans would be 2 cents higher on the week, and…

Read More

Read More

By: Kelley Fornoff and Jeff Kaprelian – Grains are mixed as export sales were released a few minutes before the break. Corn sales were slightly better than expected, with trade estimates between 700-900,000 MT. Net sales for the week were reported at 921,900 MT with Mexico, Peru, and South Korea…

Read More

Read More