Farm Progress

What are markets worrying about now? (Video report)

April 11, 2018

1 Min Read

Soybeans tried to regain their momentum overnight following late profit-taking Tuesday that trimmed gains from a friendly USDA report. But while beans were higher, stock markets headed in the other direction on nervousness over potential U.S. action in Syria, the new worry for investors. Middle East tensions are usually positive for crude oil, which held yesterday’s rally that added 6 to 7 cents on to Midwest wholesale diesel prices.

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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