By: Kelley Fornoff – Rains in the forecast for Argentina have soybeans leading the way lower this morning. At the break, March corn is unchanged at 361’6, March soybeans are 5’4 lower at 979’4, and March Chicago wheat is 3’6 lower at 447’2. There were a few export sale announcements…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets closed mixed with some heavy-handed selling in the soybean market. South American weather concerns are still being talked about but forecasted rains for Argentina are trimming the amount of bullish trade on the day. Outside markets are having a very active day again with…
Overnight Market Update
By: Kelley Fornoff – Grains and soy markets have continued their correction overnight. At the break, March corn is 0’6 lower at 360’6, March soybeans are 9’4 lower at 986’2, and March Chicago wheat is 5’4 lower at 446’2. Weekly export sales were out this morning and were strong once again…
Afternoon Market Recap
By: Patrick McRae – Grain markets continued their advance higher today as corn soybeans and wheat pressed past major resistance levels. The corn market has managed to edge just over its Dec 17 high and March soybeans closed just above $10.00. Wheat markets are finding some strong buying interest with…