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Demand slump hits corn and wheat. (Video report)

October 28, 2019

1 Min Read
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Markets are mixed this morning after a bumpy ride last week. Soybeans turned higher, posting modest gains as traders hold out hopes for the first phase of a trade deal between China and the U.S. to be completed soon. That optimism wasn’t matched by corn and wheat, which continue to suffer from lackluster demand. Financial markets are mixed. While U.S. index futures point to more gains on Wall Street, share prices in Europe retreated with Brexit still very much undecided.

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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.

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