By: Kelley Fornoff – Grains are unchanged to slightly higher overnight with some new demand news coming out of China. At the break, July corn is unchanged at 404’6 and July soybeans are 1’0 higher at 1031’4. July Chicago wheat is 1’0 higher at 522’4, Kansas City is 1’2 higher…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets began the day session with some back and fill with corn and wheat but maintained the gap higher on the open overnight in soybeans. The tariff talk and trade negotiations with China helped spark this aggressive rally overnight and as best can be seen…
Overnight Market Update
By: Kelley Fornoff – The US and China reached a deal over the weekend, sending corn and soybeans higher overnight. At the break, July corn is 3’4 higher at 406’0 and July soybeans are 18’4 higher at 1017’0. Wheat is also higher this morning with July Chicago wheat 2’6 higher at 521’0,…
Overnight Market Update
By: Kelley Fornoff – China has dropped its anti-dumping probe into its US sorghum imports overnight and corn and soybeans are gaining back some of yesterday’s losses because of it. At the break, July corn is 4’0 higher at 399’2 and July soybeans are 4’4 higher at 999’4. Wheat is…