By: Dan Hueber – As the famous commodity trader, Yogi No-Bear-a once quipped, it ain’t over till it’s over. Well, admittedly that quote may not have been completely accurate, but the sentiment seems to ring true for the bean market right now as after looking as if all hope was…
Author: Kelley Fornoff
Daily Market Comments
By: Dan Hueber – Hope springs eternal, at least in the soybean market. After posting the lowest close since late October and below a level that has supported prices all month on Monday, prices snapped back higher yesterday as anticipation builds for the meeting between President Trump and President Xi…
Afternoon Grain Market Recap
By: Kelley Fornoff – Grains started the week off lower with the exception of wheat. The big loser today was soybeans, which started the morning session off lower and never looked back after China’s crushers were apparently told to not expect a trade deal at the end of this week….
Daily Market Comments
By: Dan Hueber – Northern Illinois received its first “real” snow of the winter overnight, which in turn complicated travel here this morning. After trying for nearly two hours to get into the office (20 miles distance) I surrendered and returned to work from home at least until the north…
Afternoon Market Recap – Cattle
By: Patrick McRae – Cattle markets closed positive on the day and are still keeping their momentum higher since their recovery last week. Average cattle on feed estimates were published today and the trade sentiment is looking for on feed to be at 104%, placements at 99%, and marketing’s at…