By: Kelley Fornoff – Grains are mixed overnight with corn edging higher for now. At the break, July corn is 1’4 higher at 402’2 and July soybeans are 3’0 lower at 1045’4. July Chicago wheat is 0’4 lower at 510’0, Kansas City is 3’4 lower at 534’0, and Minneapolis is…
Commentary
Afternoon Market Recap
By: Patrick McRae – Grain markets finished mixed but as a whole well off their highs. Soybeans, for instance, saw strong selling interest against monthly and weekly highs and corn pressed to fresh weekly highs taking out price level resistance but wound up closing below and well off the highs. …
Overnight Market Update
By: Kelley Fornoff – Weather in South America has corn and soybeans higher overnight. Wheat is also finding strength from the wheat tour that starts today. At the break, July corn is 3’0 higher at 401’4 and July soybeans are 5’2 higher at 1061’4. For wheat, July Chicago wheat is…