By: Dan Hueber – I have been away from the grain/soy markets for the past week or so and it would appear that I missed the first “official” weather rally of the season. Be that as it may, with the exception of the wheat trade, the upside action remains well…
Commentary
Overnight Market Update
By: Kelley Fornoff – Corn, soybeans, and wheat all continued lower in the overnight after yesterday afternoon’s crop conditions report showed better than expected corn and winter wheat ratings. At the break, July corn is 2’6 lower at 397’2 and July soybeans are 5’6 lower at 1024’6. July Chicago wheat…
Afternoon Market Recap
By: Patrick McRae – A lot of different economic news and activity lead to some very active trade in today’s markets. Most of the grain news was built around the Trump administration setting up technology tariffs. The assumption with this is for China to back off from their interest in…