By: Kelley Fornoff – Grains are higher overnight as President Trump announced yesterday that a deal with China is possible, providing support to corn and soybeans. At the break, July corn is 1’6 higher at 391’6 and July soybeans are 3’2 higher at 1037’2. For wheat, July Chicago wheat is 2’6…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished higher after a light news day. Short-covering and weak technical support spurred the higher prices, but the markets were kept in check by forecasts that give us an open planting window across much of the corn belt. Two positive things for soybeans, which pulled…