By: Kelley Fornoff – Corn and soybeans are higher again overnight while wheat continues to struggle a bit. At the break, March corn is 1’4 higher at 355’2, January soybeans are 3’4 higher at 1012’0, and March Chicago wheat is 1’2 lower at 431’4. The USDA sent out an export…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Corn and soybeans rebounded overnight after a weaker close yesterday afternoon. At the break, March corn is 1’0 higher at 354’4, January soybeans are 6’2 higher at 1004’6, and March wheat is 0’2 lower at 435’0. Yesterday’s noon forecast for South America showed an increased chance…
Overnight Market Update
By: Kelley Fornoff – Soybeans are leading the way higher this morning on renewed buying interest and after the Senate passed the tax reform bill over the weekend. At the break, March corn is 1’2 higher at 360’0, January soybeans are 10’4 higher at 1004’6, and March Chicago wheat is 4’0…
Afternoon Market Recap
By: Patrick McRae – Grain markets finished mixed with corn and wheat closing lower and soybeans finishing higher. The Chicago wheat market traded to fresh contract lows with most of the weakness being tied to cheap Russian prices. So far the bulk of buying interest has been focused on the…
Daily Market Comments
By: Kelley Fornoff – Grains are mostly finding some pressure from outside markets this morning but are finding some support on weather uncertainty in South America. At the break, March corn is 1’4 lower at 353’4, January soybeans are 0’2 higher at 993’4, and March Chicago wheat is 3’4 lower…