By: Kelley Herwig – It was a quiet day for grains with soybeans and wheat able to finish higher while corn was unchanged. The government was closed for Columbus Day so we will see all weekly reports delayed a day this week. With the first phase of a trade deal between…
Author: Kelley Fornoff
Daily Market Comments
By: Dan Hueber – Most years by the time we have reached October, weather markets are but a distant memory, but here in 2019, the weather has returned to the center stage for an encore performance. It almost seems fitting for what we have experienced already this year. As predictions…
Afternoon Grain Market Recap
By: Kelley Herwig – Corn and soybeans both made new recent highs after weather forecasts have started to show quite a bit more snow than originally anticipated for some of the northern states. Over the next ten days, forecasters say there is a possibility for three snow storms with at…
Afternoon Grain Market Recap
By: Kelley Herwig – Grains were mixed to end the week with corn trading lower for most of the day. President Trump announced his biofuel package this morning but little details came out of it which helped push corn lower. The agreement included confirmation that “more than 15 billion gallons…
Afternoon Grain Market Recap
By: Kelley Herwig – Grains pushed back across the board today after seeing a decent rally the last couple of days. On the corn side, today’s weekly EIA report showed ethanol stocks grew again this week while production also increased. The demand for ethanol is still struggling and margins remain…