By: Patrick McRae – Grain markets played both sides of the board throughout the overnight and into the day session. Corn, beans, and wheat all traded lower during the majority of the day but wound up closing well off their lows in corn and soybeans and to a lesser extent in…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Corn and soybeans took back some of yesterday’s losses overnight but are being capped by planting progress quickly catching up. At the break, July corn is 1’6 higher at 402’4 and July soybeans are 6’0 higher at 1017’4. Wheat is near unchanged with winter wheat conditions…
Afternoon Market Recap
By: Patrick McRae – Grain markets found strong selling pressure today as many of the supportive technical levels of the grain complex have given way. The forecasts for the Midwest are showing good weather for grain planting and the overall lack of follow-through bullish information has proven lackluster to the…