Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – Grain markets put on net positive gains for the day. The initial reactions were presumably from drying conditions being forecasted in South America. Export expectations for tomorrow are looking for corn exports of 800k – 1.2 M for old and 200k – 400k for new and…

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Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight as President Trump announced yesterday that a deal with China is possible, providing support to corn and soybeans. At the break, July corn is 1’6 higher at 391’6 and July soybeans are 3’2 higher at 1037’2. For wheat, July Chicago wheat is 2’6…

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Overnight Market Update

By: Kelley Fornoff – Grains are all lower overnight with planting progress expected to advance this week. At the break, July corn is 1’0 lower at 386’4 and July soybeans are 1’4 lower at 1030’6. For wheat, July Chicago wheat is 4’4 lower at 470’0, July Kansas City is 4’0…

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Afternoon Market Recap

By: Patrick McRae – Grain markets fell on a risk-off mentality for the end of the weak. Forecasted rains for the southern plains lead the bearish push in the wheat market, and what appears to be a lack of bullish news and a new found confidence in planting potential has…

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Overnight Market Update

By: Kelley Fornoff – Grains are selling off to end the week with wheat leading the way but soybeans not too far behind. Volume and open interest have rolled over to the July contracts. At the break, July corn is 2’0 lower at 380’2 and July soybeans are 6’0 lower at 1031’4….

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