Author: Kelley Fornoff

By: Kelley Fornoff – Soybeans rebounded today while corn continued to move lower. US soybean exports for the month of July came in at 3.68 MMT which was nearly 7.5 percent above last year’s July bean exports. Expectations of a smaller crop are also starting to help soybeans and could…

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By: Kelley Fornoff – Corn saw some short covering after President Trump tweeted they are planning to announce a “giant package” for ethanol soon. No other time details were mentioned, but it was enough to cause some of the shorts to get out. As President Trump attempts to please both…

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By: Kelley Fornoff – Corn and soybeans were supported by reports that China is ready to have more serious talks regarding a trade deal, which is much more calm than the way things were left between the two countries last Friday. President Trump announced that China was the one who…

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By: Kelley Fornoff – Soybeans were positive today while corn continued its selloff and reached a new 3-month low. Three months ago tomorrow, we gapped higher and it began the rally to the highs made on June 17. Today, we closed that gap and 372’0 is the next target. However,…

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By: Dan Hueber – Grain and soy markets are sagging just a bit as we begin this new week, which is being attributed to a more favorable weather outlook for the near term.  While that all sounds plausible, realistically the only thing that matter today will come at 12:00 EST when…

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