By: Kelley Herwig – It was another rather slow day in the grain markets with corn and soybeans both closing lower again today. An export sale this morning of 126,000 MT of soybeans to China had little effect on the soybean market and November beans reached a new weekly low…
Author: Kelley Fornoff
Afternoon Grain and Cattle Market Recap
Grains – Kelley Herwig Corn and soybeans both managed to hold onto positive closes today. November soybeans were up 6-7 cents early this morning and then it was reported that China’s COFCO expects soybean imports from Brazil to fall sharply due to the African Swine Fever outbreak hurting demand for…
Daily Market Comments
By: Dan Hueber – The weekly beauty contest, better known as USDA Crop Progress Report, has yet again swayed the corn trade as a 2% improvement in the good/excellent condition rating (57%) brought in a few more sellers last evening and has pretty well erased the gains posted on Monday. …
Daily Market Comments
By: Dan Hueber – Last Friday a pall of uneasiness was draped over markets, particularly soybeans, as news surfaced that the Chinese were canceling the planned farm visits in the United States this week seemingly, almost before the ink had dried on the original story that they were coming. Was…