Author: Kelley Fornoff

By: Kelley Fornoff – It was a quiet news day ahead of Monday’s USDA report with soybeans seeing some short covering and corn bouncing around both sides of unchanged today. With focus on Monday’s USDA report, estimates are in a fairly wide range with a lot of unknowns surrounding prevent…

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By: Dan Hueber – Grain and soy markets are suffering from a combined case of trade tariff blues and good weather flu this morning, and we have prices under pressure as far as the eye can see. With the exception of beans, we have not really suffered any more than…

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By: Kelley Fornoff – A nice technical bounce had grains finishing higher after a rough last couple of days. Following yesterday’s low at 397’2, December corn has gained 12’2 cents off of that and closed 7’0 higher at 409’4 today. The next resistance for December corn is back at 420’0….

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By: Dan Hueber – New month, new attitude toward the grain and soy markets?  Too early to pose that as anything but a question but at least we find relatively stable markets after suffering through another WWF worthy smackdown yesterday.  Granted, the bear predictions have become even more emboldened after…

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By: Kelley Fornoff – A lack of anything positive led corn and soybeans to break support and sped up end of the month selling on the way down. On the corn side, today’s EIA report showed ethanol production slowed from last week’s 1.039 million barrels to 1.031 this week, while…

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