Farm Progress

Soybeans fall despite more Argentine rain

Markets give back some of Monday’s rally (Audio)

January 10, 2017

2 Min Read
Scott Olson/Getty Images

Grain markets are mostly lower this morning, with soybeans again the leader. Beans gave back some of Monday’s late rally, despite a new wave of heavy rains moving through much of the growing region in Argentina. Offsetting that bullish news was an increase in the official estimate of the size of Brazil’s crop, which added to fears of a slowdown in demand from China. Outside markets are quiet, with little change in the dollar, U.S. stock index futures or crude oil.

Bryce Knorr discusses these key market issues with Bryant Gil, sitting in for Pam Jahnke, for the Wisconsin Farm Report. Listen to today's audio commentary with the online player below.

Senior Editor 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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.

Pam Jahnke is Farm Director of the Wisconsin Farm Report that is carried on 16 stations in Wisconsin.  Known as the "Fabulous Farm Babe" Pam studied broadcast journalism and broad area agriculture at the University of Wisconsin - River Falls. After college, Pam moved into her chosen field, doing farm broadcasting, radio and television, from Green Bay to Eau Claire, WI - and she's never looked back.  Pam often says she feels like farm broadcasting and communicating on behalf of food producers is exactly what she was made for. Pam has been named "Friend of Agriculture" by the Wisconsin Department of Agriculture for her assistance in raising awareness of the "Harvest of Hope" program. She has also served as president of the National Association of Farm Broadcasting.

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