Author: Kelley Fornoff

Daily Market Comments

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…

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Afternoon Market Recap

By: Patrick McRae – Choppy trade was seen today in all of the grain markets and closed the day mixed with bull spreading being seen in the corn markets and an overall supportive tone to soybeans.  Wheat continues to find sellers as the trend has now reversed lower.  Put a…

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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…

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Overnight Market Update

By: Kelley Fornoff – Soybeans and wheat are slightly higher overnight and seemed to have found some support while corn is slightly lower. At the break, May corn is 0’2 lower at 374’6, May soybeans are 1’0 higher at 1023’4, and May Chicago wheat is 3’4 higher at 454’2. Wheat…

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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…

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