By: Patrick McRae – Grain markets traded mixed on the day with wheat showing some very healthy buying on the open. Issues with Russia and EU wheat continue to spur the buying interest. Corn on the day has managed to keep its gains over the last few weeks and the…
Author: Kelley Fornoff
Daily Market Comments
By: Dan Hueber – While the week may be new, the stories sound the same. Devastating heat waves across Europe and Australia and dry conditions in the Black Sea continue to support the wheat and to a lesser extent corn markets while additional shots from the tariff cannons are fired…
Afternoon Market Recap
By: Patrick McRae – Grain markets finished positive with corn and soybeans but saw some follow-through selling in the wheat markets. Conversations surrounding potential yields in corn were a major talking point for the day as Informa and some other private analyst groups released their corn yield estimates. Informa for…
Afternoon Market Recap
By: Patrick McRae – Grain markets are posting some more gains to start the week and wheat is still being the leader of the pack. European and Russia wheat estimates are still falling further from their previous cuts and the trade’s interest in buying corn and soybeans is being supportive…
Afternoon Market Recap
By: Patrick McRae – Grain markets closed mixed with wheat being the lone bear on the day. Corn markets managed to hold their own going into the close but crop conditions reports coming this Monday might not give much reason for follow through as the corn contract has begun getting…