Farm Progress

Soybeans and stock markets soar

What trade war? Weather lifts futures. (Video report)

April 9, 2018

1 Min Read

Most markets are higher this morning, as calm tries to return to an arena battered by concerns about trade wars. Soybeans were ground zero for last week’s dispute between the U.S. and China, but rallied any way as traders wait for USDA’s updated estimate of drought-wracked Argentine production due Tuesday. Cold temperatures likely damaged some hard red winter wheat fields into northern Texas over the weekend, helping those markets gap higher as well.

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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