By: Kelley Fornoff – Grains are higher overnight with wheat once again leading the way. At the break, March corn is 1’2 higher at 360’0, March soybeans are 1’0 higher at 992’4, and March Chicago wheat is 4’0 higher at 453’2. Corn is back in the export sale spotlight again…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets closed higher on all fronts with soybeans and wheat having moments of double-digit gains. Argentina weather forecasts are dry and Brazil is looking at more delays with rains in their forecast. Outside market interactions were counter-trend, as the dollar index moved higher from its…
Afternoon Market Recap
By: Patrick McRae – Grain markets finished mixed with wheat finding some strong buying interest as focus on the drought maps worsening conditions in the growing areas. Soybeans found some decent selling from yesterday’s weaker close from the highs and now has many indicators pointing to some lower trade. Corn…