Author: Kelley Fornoff

Daily Market Comments

By: Dan Hueber – We have been greeted with a mixed bag of trade as we begin this new week in the grain and soy market as we await fresh new once again.  Corn is flat to lower and bean flat to higher, with wheat the lone wolf with much…

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Afternoon Grain and Cattle Market Recap

Grains – Kelley Fornoff  News that the Trump/Xi meeting could happen “in the next four weeks, maybe more, maybe less” according to President Trump left the markets feeling disappointed after they were anticipating a meeting to happen sooner than that. In the end, it started a pull back that we…

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Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff Corn and soybeans ended the day on a higher note after reports that a trade deal could be in the near future. China’s Vice Premier Liu He is currently meeting with US trade negotiators in Washington and is scheduled to meet with President Trump at approximately…

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Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff Rumors that China bought 1.5 MMT of US soybeans for late July/August delivery and confirmation that Chinese officials have agreed to buy nearly 20 MMT of US soybeans this year helped support the soybean market today despite largely disappointing export sales earlier this morning. However, because…

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Afternoon Grain and Cattle Recap

Grains – Kelley Fornoff A bit of short covering heading into Friday’s report as well as a weaker Dollar helped corn and soybeans close higher. Hogs have slowed their move higher closing slightly higher to lower today but there could still be some upside left in it. After it was…

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