Farm Progress

Is today a ‘black’ Friday?

Markets try for calm after Thursday’s collapse. (Video report)

October 19, 2018

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

Markets of all stripes from stocks to soybeans broke sharply on Thursday as traders headed to the exits. So far, the angst is easing today, but not before the stock market in China set a new near-four-year-low. Weaker than expected economic growth in China was a reminder of the impact of the trade dispute with the U.S., which also hit soybeans Thursday with a poor export sales report.

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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