Farm Progress

Futures falter while Wall Street waits

Soybeans break to new lows, rain helps wheat. (Video)

March 24, 2017

1 Min Read

Financial markets in the U.S. are little changed headed into the open in New York, where all eyes are on Washington for today’s vote on health care reform. Grain futures aren’t waiting to make moves. Soybeans broke to new lows, but wheat is moving higher despite forecasts for abundant rains over the next two weeks. Good demand for corn is helping that market try to hold firm today.

Check out Bryce's comments in a special Facebook live post below.

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.

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