Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight with corn and soybeans seemingly range bound until Thursday. At the break, May corn is 2’0 higher at 376’0, May soybeans are 1’6 higher at 1027’2, and May Chicago wheat is 0’2 higher at 454’4. Volume in the overnight sessions has been…

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Afternoon Market Recap

By: Patrick McRae – Grain markets pressed higher overnight but gave up much of those gains to close lower on all fronts by the end of the day. Soybean meal has been doing nothing but reversing as volatility has increased and run through many weak hands in the process. We…

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Overnight Market Update

By: Kelley Fornoff – Corn and soybeans are higher overnight while wheat is lower with precipitation on the way for the Plains. At the break, May corn is 1’4 higher at 378’6, May soybeans are 6’4 higher at 1034’6, and May Chicago wheat is 3’0 lower at 457’2. Soybeans were back…

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Overnight Market Update

By: Kelley Fornoff – Grains pushed lower overnight on increasing concerns over US/China trade war. At the break, May corn is 3’6 lower at 372’2, May soybeans are 9’4 lower at 1020’2, and May Chicago wheat is 5’4 lower at 450’2. With the snow day in Washington earlier this week,…

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Afternoon Market Recap

By: Patrick McRae – Trade conversation rumors surrounding Trump’s tariffs have hit the stock market hard on the day, but we have not been seeing the grain markets responding in much of a meaningful way. It would be safe to assume that China will respond in some way or form…

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