By: Dan Hueber – I have been hard-pressed to find much in the way of positive news and particularly ag-specific positive news this morning but nevertheless, we do have a nice little rebound underway across the grain and soy markets. Yes, the macros are supportive as we have witnessed a…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains are mixed overnight with soybeans acting supportive and corn and wheat slightly lower. At the break, May corn is 0’4 lower at 374’0, May soybeans are 3’4 higher at 1031’6, and May Kansas City wheat 1’0 lower at 469’0. Export sale announcements for corn are rather frequent…
Afternoon Market Recap
By: Patrick McRae – Grain markets fell aggressively lower on the day as the fears of South American weather concerns have played their part and are now showing that much of the follow-through buying was weak-handed without additional news to prop the market higher. The Safrina corn crop planting pace…