By: Kelley Fornoff – Grains are higher overnight as we head into the holiday weekend. At the break, March corn is 0’2 higher at 351’4, March soybeans are 3’4 higher at 962’4, and March Chicago wheat is 0’2 higher at 427’2. Both the Cattle on Feed and Hogs and Pigs…
Author: Kelley Fornoff
Afternoon Market Recap
By: Patrick McRae – Grain markets saw continued pressure in the soybean market but we are getting some supportive buying from the corn and wheat markets. Dollar index prices are still pressing slightly lower and crude oil is being supportive as it attempts again to break through resistance. From a…
Overnight Market Update
By: Kelley Fornoff – Grains are mixed in the overnight session with soybeans lower once again and corn and wheat slightly higher. At the break, March corn is 0’4 higher at 349’6, March soybeans are 1’6 lower at 962’6, and March Chicago wheat is 1’0 higher at 424’4. Rains in South…
Afternoon Market Recap
By: Patrick McRae – Grains markets saw lax activity but found some reasonable buying interest in corn and wheat. Soybeans continue to press to new lows but at a much slower descent. Cattle, on the other hand, pressed to new lows in most contracts, some having excessive moves to test…