By: Dan Hueber – After experiencing a pleasant but mildly surprising boost higher yesterday, grain and soy markets have extended that strength now again this morning and in the case of corn and beans we have now recovered all the losses incurred since the 25th of August. Not bad for…
Author: Kelley Fornoff
Daily Comments
By: Dan Hueber – After experiencing a pleasant but mildly surprising boost higher yesterday, grain and soy markets have extended that strength now again this morning and in the case of corn and beans we have now recovered all the losses incurred since the 25th of August. Not bad for…
Overnight Market Update
By: Kelley Fornoff – Grains are higher at the break led by the soybean complex again this morning. Argentina’s soymeal prices are becoming competitive with the US for export demand. December corn is 1’2 higher at 334’4, November soybeans are 5’0 higher at 980’4, and December Chicago wheat is 0’2…
Daily Comments
By: Kelley Fornoff and Jeff Kaprelian Grains are higher led by the soybean complex on stronger US export demand. Resistance is found by the continued expectation of a big harvest. A couple of soybean export sales were announced this morning, with the first being 220,000 MT to China for…
Free Commentary
By: Dan Hueber – The two-day pre-weekend bounce in the grain/soy markets appears to have stalled overnight as we were not able to sustain strength here as we have entered this new week. Pressure is by no means significant but with the growing season beginning to wind down in the…