Author: Kelley Fornoff

By: Kelley Fornoff – Grains are all higher overnight after a weak finish yesterday. At the break, May corn is 0’2 higher at 387’4, May soybeans are 7’6 higher at 1043’2, and May Chicago wheat is 5’6 higher at 452’0. China announced late Sunday that it would apply an extra…

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By: Patrick McRae – Grain markets found some selling pressure in the day session but not before we found rallying markets in the overnight sessions. Margin calls and increases in volatility likely lead to some short liquidation overnight but the day session found the market rethinking its aggressive buying as…

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By: Kelley Fornoff – Grains had follow-through buying overnight from Thursday’s report and are all higher to start the week. At the break, May corn is 3’0 higher at 390’6, May soybeans are 9’0 higher at 1053’6, and May Chicago wheat is 4’6 higher at 455’6. A cold and wet…

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By: Kelley Fornoff – Grains are mixed heading into report day with the trade widely expecting a shift from corn to soybean acres. At the break, May corn is 2’0 higher at 375’4, May soybeans are 3’0 lower at 1015’0, and May Chicago wheat is 3’0 higher at 448’4. It’s a…

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By: Kelley Fornoff – Grains are near unchanged this morning with little news overnight as the markets gear up for tomorrow. At the break, May corn is unchanged at 374’0, May soybeans are 0’4 lower at 1019’0, and May Chicago wheat is 1’2 lower at 447’6. Soybean prices in Brazil are…

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