By: Patrick McRae – Grain markets finished slightly positive on the day with corn and soybeans while wheat saw a slight bounce. As we near closer to the USDA report, focus on increased acreage from corn and soybeans has kept these markets right at their oversold levels. Nothing has really…
Commentary
Overnight Market Update
By: Kelley Fornoff – Soybeans are leading the way higher overnight after the weather forecasts turned dry after this weekend. Trade tensions between China and the US have also eased a bit and are offering some support this morning despite the lingering tariffs set to take effect next Friday. At the…
Afternoon Market Recap
By: Patrick McRae – Grain markets closed mostly lower with corn closing mildly higher. The Trump trade conversations have resulted so far in China announcing a suspension to their tariffs against specific Asian countries. So far India and Korea have been the most notable. Our perspective with this announcement is…