Commentary

By: Kelley Fornoff – Grains are higher overnight with corn and soybeans seemingly range bound until Thursday. At the break, May corn is 2’0 higher at 376’0, May soybeans are 1’6 higher at 1027’2, and May Chicago wheat is 0’2 higher at 454’4. Volume in the overnight sessions has been…

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By: Patrick McRae – Grain markets pressed higher overnight but gave up much of those gains to close lower on all fronts by the end of the day. Soybean meal has been doing nothing but reversing as volatility has increased and run through many weak hands in the process. We…

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By: Jeff Kaprelian – Corn We are starting to see a little bit of relief from the abnormally bearish conditions I’ve written about the last few weeks. Commercials were net buyers of 41,672 contracts after liquidating 5,614 shorts and adding 36,058 new longs. Funds were net sellers after adding 31,651…

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By: Dan Hueber – Grain markets posted a mildly impressive turnaround last Friday and to a lesser extent did the soy, and we have now enjoyed a little follow-through to begin the week.   It would be premature to suggest that there will not be pressure in the days and weeks…

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