Soybean futures got a lift overnight after two days of trade talks between the U.S. and China ended in Washington with progress noted. While a deal is still a ways off, soybeans received prominent mention, though it was unclear just how much China might buy. Otherwise, markets may mark time for a week, waiting for big USDA reports Feb. 8 as Asian markets close for Lunar New Year celebrations.
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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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