Grain Market Prices

October 13, 2014 Leave a comment


Markets opened mixed this morning after digesting Friday’s USDA report.  But finding strength by the close.  The trade is wondering where this is coming from.  It seems to be more than just the fact that this is a US holiday, with light volume expected, we have actually seen volume pick up a little with the rally building.

 

Stock markets have come off their highs and might have some asset managers moving some money into other sectors for now, possibly even these much cheaper grain markets?  Also with the US dollar losing some strength we may see more foreign buyers.

 

Markets at close

Corn +12 @ 3.46

Beans +22 ¾ @ 9.45 ¼

 

Greg Mockenhaupt

ProEdge Risk Management Consultant

P: (402) 685-5613 | C: (402) 380-9855 | Greg.Mockenhaupt@cvacoop.com

1007 County Road O

Oakland, NE 68045

www.cvacoop.com

Filed under Community Tagged with , , ,

Unknown's avatarAbout katcountryhub
I am a graduate of Northeast Community College with a degree in journalism. I am married to Jeff Gilliland. We have two grown children, Justin and Whitney and four grandchildren, Grayce, Grayhm, Charli and Penelope. I will be covering Lyons, Decatur, Bancroft and Rosalie and am hoping to expand my horizons as time progresses!

Leave a comment