Grains – Kelley Fornoff It was a volatile day in the markets with the biggest news coming around the noon hour pertaining to the USDA’s Market Facilitation Program. When reports from Bloomberg surfaced that the USDA is considering a $2.00/bu soybean payment, 4 cent/bu corn payment, and 63 cent/bu wheat…
Commentary
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By: Dan Hueber – Corn planting progress came in pretty much right at expectations at 49% but obviously is served as some type of long-overdue wakeup call for traders as corn prices gapped higher once again overnight and are now challenging the highs of the calendar year. Maybe it was…
Daily Comments
By: Dan Hueber – Corn planting progress came in pretty much right at expectations at 49% but obviously is served as some type of long-overdue wakeup call for traders as corn prices gapped higher once again overnight and are now challenging the highs of the calendar year. Maybe it was…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian Grains finished higher buoyed by a lack of planting progress as well as Friday’s Commitments of Traders Report that showed a still sizable fund short. Farmers weren’t able to make much progress last week as fields were still unsuitable for work and rains rolled through over…