By: Dan Hueber – Obviously, we have not yet swept out all the weak longs as the grain and soy markets are under pressure once again this morning. In the case of corn and wheat, we remain within recent trading ranges, but the bean market is down to levels not…
Commentary
Overnight Market Update
By: Kelley Fornoff – Corn, soybeans, and wheat all continued lower overnight and are still near their lows on favorable weather conditions. At the break, July corn is 5’2 lower at 370’6 and July soybeans are 4’0 lower at 932’0. July Chicago wheat is 10’0 lower at 506’4, Kansas City…
Afternoon Market Update
By: Patrick McRae – Grain markets closed lower on the day with soybeans and wheat taking the majority of the blunt trauma, and corn survived with modest losses on the day. The forecasts going forward are showing some serious heat in the forecasts but with this heat there is above…
Free Commentary
By: Dan Hueber – That is what I call a turn-around Tuesday, for the grain markets at least. Like giant mosquitos sucking the life-blood out of the corn bulls for weeks, the USDA estimates were just the right repellent to shoo those pesky bear insects away. Granted, there are plenty…
Daily Comments
By: Dan Hueber – That is what I call a turn-around Tuesday, for the grain markets at least. Like giant mosquitos sucking the life-blood out of the corn bulls for weeks, the USDA estimates were just the right repellent to shoo those pesky bear insects away. Granted, there are plenty…