By: Dan Hueber – A week ago today, the grain markets were delivered another dose of foul tasting medicine from the USDA and to the casual observer and overconfident bear, it would appear to have left little hope that we would see the health of the patient recover anytime in the…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets traded mixed with soybeans and wheat trading higher, and corn trading slightly lower. Argentina rain forecasts are causing some bullish interest in the soybean market, and wheat planting areas are still seeing a widening drought map released this morning. Outside markets have the Dollar…
Daily Market Comments
By: Dan Hueber – The grain markets and particularly corn seemed to have a little new life breathed into its near lifeless corpse yesterday and we posted the largest single-day advance in well over a month. I had pointed out in the technical comments yesterday that March futures had not…
Afternoon Market Recap
By: Patrick McRae – Grain markets saw some good movement to the top side in all markets today. Short covering fund positions might be making some adjustments to their positions in corn, wheat, and soybeans. The dollar index is still resting in the $90.00 price area and crude oil is still…