Farm Progress

Markets drift lower

New tariff fears keep futures subdued. (Video report)

September 7, 2018

1 Min Read
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After the first round of tariffs against China hammered grain markets this summer, traders are bracing for more volatility while waiting for President Trump to begin slapping another $200 billion in sanctions in the ongoing trade dispute. Futures headed lower across the board overnight, with wheat showing weakness on price charts. The remnants of Tropical Storm Gordon continue to chug through the Delta and could bring heavy rain up the Mid-Mississippi and Ohio River Valleys this weekend.

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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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