Author: Kelley Fornoff

Overnight Market Update

By: Kelley Fornoff – Grains are higher overnight led by wheat and corn while soybeans are running into a bit of technical resistance. At the break, March corn is 2’4 higher at 353’6, March soybeans are 0’6 higher at 987’0, and March Chicago wheat is 3’0 higher at 424’4. There…

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Afternoon Market Recap

By: Patrick McRae – Grains finished mixed in technically driven trade. Continued concerns over Argentine weather underpinned the price of soybeans, but they’re a touch overbought and have been met with heavy farmer selling.  We still feel that catch up sales should be made on old crop soybeans at current…

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Overnight Market Update

By: Kelley Fornoff – Grains are mixed and traded in a tight trading range overnight. At the break, March corn is 0’4 lower at 351’4, March soybeans are 3’4 higher at 987’6, and March Chicago wheat is 0’6 lower at 425’0. There was an export sale announcement this morning, this time with…

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Afternoon Market Recap

By: Patrick McRae – Grain markets had a mixed day but were mostly higher. Markets like soybeans and oats have seen some strong moves over the last few days.  Wheat markets have had some signs of support but again are waiting patiently to see if we can have a breakout…

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Overnight Market Update

By: Kelley Fornoff – Grains are all higher this morning and all ended the overnight session near session highs. At the break, March corn is 1’6 higher at 354’2, March soybeans are 7’6 higher at 985’0, and March Chicago wheat is 4’0 higher at 426’6. In a new Reuters poll,…

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