Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains moved lower overnight led by the wheat markets as weekly crop condition ratings improved from last week and news of increased production out of Ukraine. At the break, May corn is 0’4 lower at 386’6, May soybeans are 4’2 lower at 1073’2, and May Chicago…

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Afternoon Market Recap

By: Patrick McRae – Grain markets rallied for the day with added strength into the close with corn and wheat.  Grain markets as a whole continue to find good buying support from South American weather concerns.  Acreage talk at the end of the month will likely come to weigh on…

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Overnight Market Update

By: Kelley Fornoff – Grains started the overnight session slightly higher but have yet to reach back to the highs from last week and are now unchanged to slightly higher. At the break, May corn is unchanged at 385’2, May soybeans are 0’6 higher at 1071’6, and May Chicago wheat is…

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Afternoon Market Recap

By: Patrick McRae – Grain markets finished mixed with wheat having the worst of the day’s trade. Corn markets closed slightly lower with March closing at $3.77 ¼ down 1 ½ cent and soybeans closed positive but well off their highs on the overnight at $10.60 ¾ up 3 ¼…

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Free Commentary

By: Dan Hueber – In jest, of course, I have suggested to a few of the visitors at our booth here at the Commodity Classic that the rally this week was actually an appreciation gift from the markets specifically for the event in recognition of all they do.  While, as…

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