Farm Futures logo

Wheat struggles after chart breakdown. (video)

February 15, 2019

A bumpy ride for markets this week continued overnight. Soybeans regained some of Thursday’s losses as trade talks with China are set to continue next week in Washington, with officials sounding a little more upbeat on their progress. But wheat prices struggled again following yesterday’s chart breakdown because export news remains disappointing.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

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.

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like