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Corn, wheat try to end downturnsCorn, wheat try to end downturns

Soybeans stumble as China fix remains elusive. (Video report)

May 16, 2018

1 Min Read

Grain futures are mixed this morning after fairly quiet trade overnight. Corn and wheat tried to break out of downtrends but soybeans struggled as a large Brazilian crop and trade friction with China continue to hang over the market. Wheat’s gains are coming despite rains over hard red winter wheat fields this week and a dollar that surged to new highs for the year.

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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