Risk is a four-letter word as U.S. markets get ready to open this morning. Weak trade data out of China, including a huge drop in soybean imports, showed how U.S. tariffs are pinching growth there, while the fate of Brexit hangs in the balance this week over in Britain. Stocks and commodities suffered around the world as a result, with Wall Street and La Salle Street headed for losses in futures trading.
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Bryce Knorr first joined Farm Futures Magazine in 1987. In addition to analyzing and writing about the commodity markets, he is a former futures introducing broker and is a registered Commodity Trading Advisor. He conducts Farm Futures exclusive surveys on acreage, production and management issues and is one of the analysts regularly contracted by business wire services before major USDA crop reports. Besides the Morning Call on www.FarmFutures.com he writes weekly reviews for corn, soybeans, and wheat that include selling price targets, charts and seasonal trends. His other weekly reviews on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.