By: Kelley Fornoff – Corn and soybeans are higher overnight while wheat is lower with precipitation on the way for the Plains. At the break, May corn is 1’4 higher at 378’6, May soybeans are 6’4 higher at 1034’6, and May Chicago wheat is 3’0 lower at 457’2. Soybeans were back…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished mixed after mounting an impressive recovery. Markets were hit hard this morning after President Trump announced tariffs directed at the Chinese yesterday and the Chinese retaliated. The tariffs directed at us are on pork products, steel pipe, wine, dried fruit, and aluminum. Obviously, the…
Free Commentary
By: Dan Hueber – It was almost as if markets wanted to hold out to the very last minute. Hoping against all hope that at the 11th hour, President Trump would reconsider imposing tariffs against China in an effort to, in effect, try and protect US intellectual property rights, but when…
Daily Comments
By: Dan Hueber – It was almost as if markets wanted to hold out to the very last minute. Hoping against all hope that at the 11th hour, President Trump would reconsider imposing tariffs against China in an effort to, in effect, try and protect US intellectual property rights, but…