By: Dan Hueber – It would appear that VP Mike Pence decided it was his turn to stir to soy-porridge pot over the weekend and speaking at a summit in Papua New Guinea stated that unless China bows to U.S. demands that “we could more than double that number” referring…
Author: Kelley Fornoff
Afternoon Grain and Cattle Recap
By: Patrick McRae – Grain markets traded mixed on the day with soybeans once again finding some trump trade talk support. Wheat markets are still chopping around sideways apparently debating on forming a bottom, and the corn market pressed lower against some prior lows to promptly close above them. Planting…
Afternoon Grain Market Recap
By: Kelley Fornoff – Grains ended the day mixed with soybeans higher, wheat lower, and corn slightly higher. There were a couple of export sale announcements this morning with Mexico purchasing 212,000 MT of US corn and unknown destinations purchased 148,000 MT of soybeans. The recent soybean purchases over the…
Afternoon Grain Market Recap
By: Kelley Fornoff – Another day of no new bullish news had grains all finishing the day lower. Crude oil has fallen around 5.00 today, falling to it’s lowest level since about this time last year and is currently below 55.00 per barrel. This comes after President Trump urged OPEC…