Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains are lower to slightly higher on a better than expected crop conditions report yesterday afternoon. At the break, September corn is 3’2 lower at 350’6 and August soybeans are 0’6 higher at 856’4. September Chicago wheat is 8’6 lower at 499’2, Kansas City is 7’2 lower…

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Afternoon Market Recap

By: Patrick McRae – Grain markets finished weaker to a large contrast compared to the strong close we saw on Friday of last week. High overnight temperatures are still in the forecasts for the coming weeks and meteorological studies have confirmed that this June was one of the hottest on…

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Daily Market Comments

By: Dan Hueber – The buy the fact sentiment appears to have subsided over the weekend and grain/soy markets have returned some, but certainly not all of the reversal gains that had been posted last Friday. While there should be a very strong probability that we marked a low last…

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Overnight Market Update

By: Kelley Fornoff – Tariff day is here, the US moved forward with its tariffs on China, and China retaliated as expected with a 25 percent tariff on US soybeans. The markets are remaining supportive so far. At the break, September corn is 1’2 higher at 353’4 and August soybeans are…

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Afternoon Market Recap

By: Patrick McRae – A mixed close going into the holiday was seen in the grain markets. Very little news was released to press the markets on the day. In general, the trade was content going short beans and long corn and wheat into the holiday. Soybeans pressed to close…

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