By: Kelley Fornoff – More new export demand and a round of short covering led grains and soy higher. The Dollar and crude were higher after FOMC minutes showed a rather positive economic outlook. Big export sales this morning of 381,000 MT of soybeans to China and 129,000 MT to…
Author: Kelley Fornoff
Free Commentary
By: Dan Hueber – Relationships can be so fickle at times, particularly those that are relatively young and immature. Take the case of the multitude of young investors in China that just a few months ago could not shower enough money upon the commodity markets, which in return were rewarded…
Daily Market Comments
By: Dan Hueber – Relationships can be so fickle at times, particularly those that are relatively young and immature. Take the case of the multitude of young investors in China that just a few months ago could not shower enough money upon the commodity markets, which in return were rewarded…
Early Morning Market News
By: Jeff Kaprelian – At the break grains are mixed with December corn down 0’2 to 337’0, November soybeans up 2’6 to 1010’0, and September SRW wheat down 0’6 to 422’6. Outside markets are lower which will likely pressure grains as the day wears on (soybeans could see support, see…
Afternoon Grain Market Recap
By: Kelley Fornoff – Grains were mixed with good weather forecasts offering resistance. Support was found in a weaker Dollar and soybeans found additional support through another export sale that was announced this morning. There are many doubts over whether the most recent USDA corn production estimates will come to…