By: Dan Hueber – While we are not yet quite finished, in light of the extremely bearish news that was delivered by the USDA a week ago today this has not been a bad week in the grain and soy markets. Were we to close right now, December wheat would…
Author: Kelley Fornoff
Overnight Grain Market Update
By: Kelley Fornoff – Grains are mostly lower with position evening heading into the weekend. The US Dollar is firmer while crude oil is slightly lower. The USDA announced a soybean export sale of 261,00 MT to unknown destinations for the new crop marketing year. This afternoon’s oil rig count…
Afternoon Grain Market Recap
By: Kelley Fornoff – Chinese soybean imports are higher than where they were at last year but they are starting to slow. Talk of strong Chinese soybean demand has surrounded the market all year, but there comes a point where you have to question if demand will continue to increase…
Free Commentary
By: Dan Hueber – Anyone who has studied the history of grain markets recognizes that over time, different parts of the world have dominated the grain and export trade. At one time the Fertile Crescent, which followed the Euphrates and Tigris Rivers throughout what are now parts of Syria and…
Daily Market Comments
By: Dan Hueber – Anyone who has studied the history of grain markets recognizes that over time, different parts of the world have dominated the grain and export trade. At one time the Fertile Crescent, which followed the Euphrates and Tigris Rivers throughout what are now parts of Syria and…