Author: Kelley Fornoff

By: Dan Hueber – Grain and soy markets did a nice job of sustaining the new week strength for the close yesterday as corn, wheat and beans posted the highest close since August and the soy meal market actually recorded a new contract high and high close. The general pessimism…

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By: Patrick McRae – Grain markets closed higher across all fronts as weather concerns pressed many markets to gap higher on the open. A cancellation of 455,000 MT of soybeans to China came across this morning but had no effect on this market’s press higher. Brazil forecasts have caused quick…

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By: Dan Hueber – Last Friday the grain and soy markets were all acting just a bit top heavy and although we finished the week higher than the previous, they wrapped up the day on a sour note.  Do note that the ag markets were not the only commodities to…

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By: Patrick McRae – Grain markets closed weaker on all fronts with what appears to be some farmer selling in corn and profit taking from wheat and soybean long positions. The net effect of this move lower does not change much for trends. However, in the case of corn and…

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By: Kelley Fornoff – Grains have taken back some of yesterday’s gains in the overnight and are seeing a bit of selling pressure in soybeans after weather changes in Argentina. Currently, March corn is 1’4 lower at 364’2, March soybeans are 3’6 lower at 984’0, and March Chicago wheat is 4’0…

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