By: Kelley Fornoff – China is the big news of the day, having announced retaliatory tariffs overnight on key US exports to the country including soybeans, planes, cars, beef, and chemicals. At the break, May corn is 9’2 lower at 379’2, May soybeans are 40’2 lower at 997’6, and May…
Commentary
Overnight Market Update
By: Kelley Fornoff – China is the big news of the day, having announced retaliatory tariffs overnight on key US exports to the country including soybeans, planes, cars, beef, and chemicals. At the break, May corn is 9’2 lower at 379’2, May soybeans are 40’2 lower at 997’6, and May…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished higher today led by the drop in wheat conditions yesterday as well as the cold wet weather we’re experiencing across the Midwest. The USDA pegged the winter wheat crop at 32% good to excellent, which was the lowest rating for the week since 2002….