By: Kelley Fornoff – Grains are all lower to begin the week amid a lack of new bullish news. At the break, May corn is 2’2 lower at 388’2, May soybeans are 2’4 lower at 1036’6, and May Chicago wheat is 4’6 lower at 484’4. There were a couple of corn…
Commentary
Afternoon Market Recap
By: Patrick McRae – As is usually the case with the markets, when it rains it pours. Yesterday after the close Trump signed the aluminum and steel tariffs into action and caused for some quick action in the soybean meal market to press lower in the Asian markets. Further reaction…
Overnight Market Update
By: Kelley Fornoff – Soybeans moved lower in the overnight on increased domestic stocks and global trade concerns. At the break, May corn is 1’6 lower at 391’6, May soybeans are 13’4 lower at 1050’4, and May Chicago wheat is 5’4 lower at 493’6. Yesterday afternoon, President Trump signed an…