By: Dan Hueber – Grain and soy markets have witnessed a little two-sided action in the overnight trade, but right now, they appear to be intent on extending yesterday’s weakness. The wheat market actually suffered the most significant washout yesterday, which stands to reason as realistically, there was nothing in…
Commentary
Afternoon Grain Market Recap
By: Kelley Herwig – Grains pushed back across the board today after seeing a decent rally the last couple of days. On the corn side, today’s weekly EIA report showed ethanol stocks grew again this week while production also increased. The demand for ethanol is still struggling and margins remain…
Risk Management Update
The action this week looks longer-term positive. We suggest, only for those who need cash flow and are willing to take ownership on corrections, targets of 398’0 for corn and 930’0 for soybeans. Please contact your advisor at The Hueber Report of call 888-926-0985 to determine the best course of…