Author: Kelley Fornoff

Overnight Market Update

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…

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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…

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Overnight Market Update

By: Kelley Fornoff – Grains are lower overnight with news that the US Treasury Department is planning to curb Chinese investment in the US. At the break, July corn is 2’6 lower at 354’4 and July soybeans are 8’6 lower at 885’6. July Chicago wheat is 12’4 lower at 478’6,…

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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…

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Overnight Market Update

By: Kelley Fornoff – Soybeans turned higher overnight along with corn as they consolidate into the weekend. At the break, July corn is 0’6 higher at 357’6 and July soybeans are 7’2 higher at 887’6. July Chicago wheat is 4’2 lower at 491’0, Kansas City is 4’0 lower at 489’2, and…

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