By: Kelley Fornoff – Grains rebounded overnight with weather offering some fundamental support once again. At the break, May corn is 2’2 higher at 382’4 and May soybeans are 6’0 higher at 1052’0. On the wheat side, May Chicago wheat is 6’0 higher at 472’2, Kansas City is 7’4 higher…
Commentary
Afternoon Market Recap
By: Patrick McRae – Grain markets finished mixed with corn closing lower and beans and wheat closing positive. Chart momentum is beginning to shift lower for corn and soybeans and wheat is showing some support on its moving averages. The big news today while not directly impacting the futures markets…
Free Commentary
By: Dan Hueber – Planters were obviously racing across the terra firma last week as nationwide we planted 1% more of the intended corn acreage. This brings us up to 3% overall compared with a 5-year average of 5%. The largest progress was witnessed in Tennessee which planted 9% and…
Daily Comments
By: Dan Hueber – Planters were obviously racing across the terra firma last week as nationwide we planted 1% more of the intended corn acreage. This brings us up to 3% overall compared with a 5-year average of 5%. The largest progress was witnessed in Tennessee which planted 9% and…