Author: Kelley Fornoff

By: Patrick McRae – Grain markets finished mixed but as a whole well off their highs.  Soybeans, for instance, saw strong selling interest against monthly and weekly highs and corn pressed to fresh weekly highs taking out price level resistance but wound up closing below and well off the highs. …

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By: Kelley Fornoff – Weather in South America has corn and soybeans higher overnight. Wheat is also finding strength from the wheat tour that starts today. At the break, July corn is 3’0 higher at 401’4 and July soybeans are 5’2 higher at 1061’4. For wheat, July Chicago wheat is…

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By: Patrick McRae – Grain markets finished positive on all fronts as technical resistance was the testing point on most of the grain market contracts. Weather concerns for Brazils second crop corn are still bringing good buying interest and the overall demand on soybean meal is leading the soybean market…

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By: Kelley Fornoff – Grains are mixed overnight with soybeans under pressure as it comes off of some minor resistance. At the break, July corn is 1’0 higher and July soybeans are 5’6 lower at 1033’6. For wheat, July Chicago is 1’6 higher at 491’2, Kansas City is 1’2 higher…

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By: Kelley Fornoff – Grain markets are mixed overnight with wheat slowing its gains and soybeans are pressing a bit higher. At the break, July corn is 0’4 lower at 395’2 and July soybeans are 4’0 higher at 1043’2. For wheat, July Chicago wheat is 3’0 lower at 496’0, Kansas…

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