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Charts hold test of support, eye upside. (audio)

February 13, 2019

1 Min Read
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After surviving a test of chart support in the wake of Friday’s USDA reports, grain markets are starting to flex a little muscle trying to prove winter lows are in. Whether or not a bottom has been made may depend on key events over the next couple of days, including trade talks with China and a deal in Washington to avert another government shutdown.

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.

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