By: Patrick McRae – Grain markets found some buying to begin the week, all but corn closed higher today but corn was keeping a positive day until the closing minutes. The Dollar index has seen a break from its prior weeks of buying and the crude oil market has not…
Author: Kelley Fornoff
Overnight Market Update
By: Kelley Fornoff – Grains pushed higher overnight with wheat leading the way so far. At the break, December corn is 1’4 higher at 349’6, January soybeans are 2’0 higher at 988’6, and December Chicago wheat is 3’4 higher at 429’2. There was another corn sale that came across the…
Afternoon Market Recap
By: Patrick McRae – Grain markets found weakness in corn and soybeans to end the week. The soybean market had an aggressive corrective move lower likely led by profit-taking action off of its recent moves higher. It would also be safe to assume that some farmer selling contributed to this…
Overnight Market Update
By: Kelley Fornoff – Grains eased a little overnight but are still holding above previous resistance levels. At the break, December corn is 0’2 lower at 350’2, January soybeans are 3’2 lower at 996’0, and December Chicago wheat is 1’4 higher at 427’4. Wheat is leading the way higher this…
Overnight Market Update
By: Kelley Fornoff – Grains pushed higher in the overnight and corn pressed up against resistance. At the break, December corn is, 0’6 higher at 349’0, January soybeans are 3’6 higher at 995’0, and December Chicago wheat is 2’6 higher at 420’6. It’s Thursday so weekly export sales were out…