By: Kelley Fornoff – Corn and soybeans are looking to take back some of yesterday’s losses but are being capped by another good crop conditions report yesterday afternoon. At the break, July corn is 3’4 higher at 354’0 and July soybeans are 4’6 higher at 879’2. July Chicago wheat is 3’4…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Trump’s trade battles and tariff comments rocked the markets today not just in grains but in equities as well. The weekly export shipments were behind USDA’s paces and the consistent selling in the grain complex began overnight. So far the T-day of July 6th is a…
Afternoon Market Recap
By: Patrick McRae – Grain markets were mixed but positive on the day in soybeans. Technical trade interaction with some bottom picking enthusiasm was the main note. With wheat, we are still hearing the rumors of weather issues but with the chart being so oversold some choppy action seems to…