By: Kelley Fornoff – Grains are mixed with corn finding support on planting delays across the northern corn states despite the overall planting progress numbers that were out Monday. At the break, July corn is 1’6 higher at 404’0 and July soybeans are 6’6 lower at 1012’0. July Chicago wheat…
Commentary
Afternoon Market Recap
By: Patrick McRae – Grain markets closed positive on the day with corn markets maintaining optimism even while the bean market traded mostly lower throughout the day. The NOPA soybean crush numbers came in very friendly and helped to turn the entire grain complex around. Soybean crush margins have stayed…
Overnight Market Update
By: Kelley Fornoff – Grains are slightly higher overnight even after yesterday afternoon’s crop progress report showed what should have been bearish progress numbers. At the break, July corn is 2’0 higher at 398’4 and July soybeans are 0’4 lower at 1017’2. For wheat, July Chicago wheat is 1’4 higher…