By: Dan Hueber – While prices have not exactly collapsed, it does appear that the report inspired rally is growing weary and in need of a little back and fill action. This really should come as no surprise, particularly in the bean and wheat, where the numbers were not particularly…
Commentary
Afternoon Market Recap
By: Kelley Fornoff – Grains finished lower with both corn and soybeans correcting themselves a bit after yesterday’s rally. There were a couple of rumors flying around but no solid news today. Better harvest weather is in the forecast over the next ten days and likely added some pressure to…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains, and all domestic ag markets for that matter, finished higher today. The biggest story of the day came from soybeans, and the strength there really helped bring everything else up with it. After a relatively slow overnight session soybeans jumped at the open as traders…