Farm Progress

Markets pull plug on volatile week

Rally fizzles but beans try to bounce back. (video)

July 27, 2018

1 Min Read
Rising volatility may have farmers looking at new crop soybean sales for 2017 alreadylukas_zb/Thinkstock

Soybeans tried to bounce back overnight after grain markets suffered a disappointing finish Thursday when a promising rally fell apart by the close. Soybean exports were a bright spot, with buyers from around the world -- other than China -- more than happy to buy cheap protein from the U.S.

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.comhe 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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