By: Dan Hueber – It seems that whenever you are reaching close to a culmination of a move, people seem to come up with more and more news, often time stretching reality a bit in the process, to justify price action. When you are close to a peak during a…
Commentary
Afternoon Grain and Cattle Recap
Grains – Kelley Fornoff It was another day of lower lows for corn and soybeans with no new bearish news but specs continued to add to their shorts. Windows for planting have improved this week with forecasts calling for lighter rain amounts and warmer than average temperatures in the central…
Afternoon Grain and Cattle Recap
Grains – Kelley Fornoff Improving weather forecasts did little to help the grain markets today as the market still believes we are too early for any talk of delayed planting. Corn, soybeans, and wheat all closed lower. We did, however, have the weekly planting progress report released this afternoon. US…