By: Patrick McRae – Grains were mixed on the day with corn up ¼ cent in March at $3.65 ¾ soybeans found good buying off of weakness from Argentina trucker strikes and continued fears of South American weather, soybeans in March closed at $10.34 ¼ up 7 ¾ of a…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains slipped lower in the overnight but came back to finish the session slightly higher. At the break, March corn is 1’6 higher at 367’2, March soybeans are 0’4 higher at 1027’0, and March Chicago wheat is 0’2 higher at 449’4. Soybeans were down as much as…
Overnight Market Update
By: Kelley Fornoff – Soybeans are leading the way higher after the three day weekend. At the break, March corn is 1’3 higher at 369’0, March soybeans are 12’6 higher at 1034’2, and March Chicago wheat is 3’2 higher at 461’0. Forecasts for Argentina were dry over the weekend and were enough…
Afternoon Market Recap
By: Patrick McRae – Grain markets traded slightly weaker to close out the week. The corn and soybean markets have managed to stay right against resistance for the week and as a whole have not shown much weakness at current levels. Wheat markets are showing some light selling as the…