Farm Progress

Futures hold despite stock selloff

Hot weekend supports prices despite looming tariffs. (Video report)

July 2, 2018

1 Min Read
Global markets slide, but futures buck the headwinds in overnight trade.Naypong/iStock/Getty Images Plus

Financial markets are in a tailspin this morning after selling across Asia and Europe. The trade dispute between the U.S. and China faces a Friday deadline when tariffs could go into effect, and more worries emerged in Europe as well. Despite the gloom, grain futures are trying to hold on to gains after a hot weekend, with wheat leading the back again Monday.

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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