Farm Progress

Wheat surges on export hopes

Russia could limit sales helping market pivot off China concerns. (Video report)

August 17, 2018

1 Min Read

News continues to roil grain markets this week. Soybeans jumped Thursday on news a Chinese trade delegation would be in the U.S. next week to talk about tariffs. Wheat was the beneficiary of a positive headline this morning. Russia may consider limiting exports after prices there surged to record highs this week, a story that sparked a big move in futures overnight.

Watch the latest Facebook video posting from Bryce Knorr, and be sure to like or follow the Farm Futures Facebook 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.

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