Farm Progress

Currency markets roiled by May Brexit speech, Trump comments. (Audio)

January 17, 2017

1 Min Read

Traders returned to action overnight for a holiday shortened with plenty of news to digest. More rain over the weekend in Argentine raised concerns about flood damage, boosting soybeans to six-month highs on the heels of last week’s bullish USDA reports. Outside markets are also showing a lot of volatility as UK Prime Minister Theresa May outlines her plan for that country to leave the European Union, while the dollar broke on comments by President-elect Donald Trump that it was too strong.

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.

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