Author: Kelley Fornoff

By: Patrick McRae – Grain markets found some strong selling in beans, supportive action in wheat, and light selling in corn. Outside markets have seen the dollar correct back lower and crude oil has continued to press higher with new buying interest from a draw in the Cushing OK stocks….

Read More

Read More

By: Kelley Fornoff – Corn and wheat have pushed higher in the overnight while soybeans moved lower ahead of Friday’s USDA report. At the break, March corn is 0’6 higher at 349’6, March soybeans are 2’2 lower at 961’4, and March Chicago wheat is 1’2 higher at 433’4. There was an…

Read More

Read More

By: Kelley Fornoff – March corn has so far found support in yesterday’s lows and is 1’0 higher overnight at 348’2. March soybeans and wheat however continued lower overnight. March soybeans ended the session 3’6 lower at 963’0 while March Chicago wheat is 1’6 lower at 426’0. Argentina is expected to be dry…

Read More

Read More

By: Patrick McRae – Grain markets took a stiff hit lower today. Much of this is likely due to positioning for the upcoming USDA report this Friday. Lack of South American weather issues has led most analysts to expect a similar crop production for Brazil and Argentina. Wheat markets have…

Read More

Read More

By: Kelley Fornoff – Grains are lower to unchanged overnight with little to no fresh news over the weekend. At the break, March corn is unchanged a 351’2, March soybeans are 3’0 lower at 967’6, and March wheat is 3’4 lower at 427’2. There were a few export sales announcements…

Read More

Read More