Author: Kelley Fornoff

By: Kelley Fornoff – Soybeans moved lower in the overnight on increased domestic stocks and global trade concerns. At the break, May corn is 1’6 lower at 391’6, May soybeans are 13’4 lower at 1050’4, and May Chicago wheat is 5’4 lower at 493’6. Yesterday afternoon, President Trump signed an…

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By: Patrick McRae – The USDA report has come and gone and confirmed much of the trade’s expectation and the grain markets closed mostly higher on the day. For South American production, Argentina corn came in at 36 MMT vs 39 in February, Brazil corn came in at 94.5 MMT…

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By: Kelley Fornoff – Corn and soybeans are unchanged to lower overnight while wheat markets are mixed ahead of today’s USDA report. At the break, May corn is unchanged at 387’2, May soybeans are 1’6 lower at 1063’4, and May Chicago wheat is 1’4 higher at 498’6. It is Thursday,…

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By: Patrick McRae – Tomorrow’s report will likely cause for either confirmation of South American weather issues or blow the excessive long specs out of the market.  Either way, volatility will be a sure thing.  For the day the grain markets corrected lower on what can only be assumed as…

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By: Kelley Fornoff – Grains eased again overnight ahead of tomorrow’s USDA report and with new trade war fears. At the break, May corn is 0’4 lower at 387’6, May soybeans are 3’6 lower at 1071’0, and May Chicago wheat is 2’0 lower at 505’0. Most news is surrounding the…

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