Author: Kelley Fornoff

Afternoon Market Recap

By: Patrick McRae – Grain markets found strong buying today as the trade war talk is now at a negotiating standpoint for both China and the US. The longer-term picture of tightening grain stocks due to the Argentina drought and what should be assumed now as tighter acres for corn…

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Overnight Market Update

By: Kelley Fornoff – Corn and soybeans continue to bounce off their lows from yesterday and ended the overnight session higher. At the break, May corn is 2’6 higher at 383’6, May soybeans are 6’4 higher at 1021’6, and May Chicago wheat is 4’6 higher at 460’4. Weekly export sales…

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Afternoon Market Recap

By: Patrick McRae – Grain markets fell with aggression in the early morning and closed well off their lows for corn and soybeans. The market’s sentiment appears to be concerned but not in the same way as the media attention might make of it. The global demand side of the grains…

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Overnight Market Update

By: Kelley Fornoff – China is the big news of the day, having announced retaliatory tariffs overnight on key US exports to the country including soybeans, planes, cars, beef, and chemicals. At the break, May corn is 9’2 lower at 379’2, May soybeans are 40’2 lower at 997’6, and May…

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Overnight Market Update

By: Kelley Fornoff – China is the big news of the day, having announced retaliatory tariffs overnight on key US exports to the country including soybeans, planes, cars, beef, and chemicals. At the break, May corn is 9’2 lower at 379’2, May soybeans are 40’2 lower at 997’6, and May…

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