By: Patrick McRae – Grain markets closed lower on the day with soybeans and wheat taking the majority of the blunt trauma, and corn survived with modest losses on the day. The forecasts going forward are showing some serious heat in the forecasts but with this heat there is above…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – The corn, soybean, and wheat markets are in recovery mode after yesterday. At the break, July corn is 3’0 higher at 370’2 and July soybeans are 4’2 higher at 358’0. July Chicago wheat is 5’0 higher at 519’4, Kansas City is 3’6 higher at 538’4, and Minneapolis…
Afternoon Market Recap
By: Patrick McRae – Grain markets felt the selling pressure to start the week. Weather forecasts show good potential for rain in the coming weeks and with the good/excellent ratings still showing good progress for the crops, it’s hard to find something very bullish given the net selling pressure seen…