By: Patrick McRae – Grain markets continue to chop around as we patiently await the release of the delayed January stocks report and the first USDA supply and demand report since the government shutdown. Technically there’s not much worth noting with corn as it has been tightening its range persistently. …
Commentary
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian It was really an uneventful day in the grain markets. The only news to speak of was the Chinese soybean sale of 612k MT reported this morning. COFCO said it purchased millions of tonnes of soybeans over the weekend, which helped support the market. Soybeans gained…