By: Kelley Fornoff – Grains slowed overnight as we head into the USDA report tomorrow with wheat making the biggest move lower so far. At the break, July corn is 0’4 lower at 402’6 and July soybeans are 2’0 lower at 1018’2. On the wheat side, July Chicago wheat is 5’4…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished mostly higher today, not led by one single factor, but rather a variety of smaller puzzle pieces. The most glaring this morning was a bit of a recovery bounce in true “turnaround Tuesday” fashion after having taken a fair amount off the markets over…
Free Commentary
By: Dan Hueber – We are witnessing a nice little rebound this morning but gauging from the information at hand, one has to suspect it is more of a Tuesday undo bounce than any type of renewed buying interest. Even with the breakdown yesterday, the grains have not really surrendered…
Daily Comments
By: Dan Hueber – We are witnessing a nice little rebound this morning but gauging from the information at hand, one has to suspect it is more of a Tuesday undo bounce than any type of renewed buying interest. Even with the breakdown yesterday, the grains have not really surrendered…
Overnight Market Update
By: Kelley Fornoff – Corn and soybeans took back some of yesterday’s losses overnight but are being capped by planting progress quickly catching up. At the break, July corn is 1’6 higher at 402’4 and July soybeans are 6’0 higher at 1017’4. Wheat is near unchanged with winter wheat conditions…