By: Dan Hueber – Grain and soy markets took a collective swoon yesterday after reaching against the highest levels traded in a month. Evidently all of this recent rally activity must have become just too much for some market participants. That said, prices have bounced back again this morning supported…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets pulled back on the day after having some good follow through buying the begin the session. Talks of SA soybeans running dry and increased demand from non-Chinese buyers should help to support the soybean market lows. Yield numbers coming in seem to be confirming…
Afternoon Grain Market Recap
By: Kelley Fornoff – Corn and soybeans finished higher again today while Russian export concerns also gave a boost to the wheat market. Wheat started off the day session rather slowly until Russia announced that it may close some of its major agriculture ports due to violations of “phytosanitary regulations”….
Afternoon Grain Market Recap
By: Kelley Fornoff – Grains finished higher today and took back much of Friday’s losses across the corn and soybean markets. There was some news on the ag policy side today with Canada jumping on board with the renewed NAFTA agreement between the three North American countries. This sparked a…
Afternoon Market Recap
By: Patrick McRae – Grain markets finished mixed with wheat and corn showing some buying interest and soybeans closing slightly lower. A light news day today with the market not showing much enthusiasm with Trumps mention of trade talks with China coming on the horizon. The technical of the corn…