Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – Grains finished positive on the day and for the week showed very strong gains. Crop progress conditions will be reported on Tuesday of next week for corn, there is not expected to be any noticeable issues thus far, market expectations are for a 67 – 72%…

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Daily Market Comments

By: Kelley Fornoff – Grains are adding a bit of weather premium ahead of the weekend but are still below yesterday’s highs. At the break, July corn is 1’0 higher at 405’2, and July soybeans are 4’2 higher at 1040’0. July Chicago wheat is 6’6 higher at 537’0, Kansas City…

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Afternoon Market Recap

By: Patrick McRae – Grain markets pushed to contract highs in corn and soybeans but could not hold onto the strength. Dec 18 corn, for instance, is showing signs of a double top in the charts, and with the added notion of the crop conditions report coming out next week…

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Daily Market Comments

By: Kelley Fornoff – Soybeans are leading the way higher so far this morning, followed closely by wheat. At the break, July corn is 2’4 higher at 411’0 and July soybeans are 9’2 higher at 1048’4. July Chicago wheat is 8’2 higher at 539’2, Kansas City is 6’6 higher at…

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Afternoon Market Recap

By: Patrick McRae – Grain markets closed positive on the day as much of the news from yesterday regarding Trump’s further negotiations with China were at first seen as troubling,  but as we can tell Chinese export interest is expected to return. This lead the market to push to fresh…

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