Farm Progress

Rally hits speed bump on threat of new China sanctions. (video)

July 20, 2018

1 Min Read

Relative quiet on the trade front this week helped soybeans and other crop markets focus on weather demand, helping prices rebound. But a new storm threatened this morning after President Trump said in a previously recorded interview with CNBC he was ready to slap $500 billion in new tariffs on China. Soybeans stumbled immediately along with financial markets, though it was unclear if the president’s statements were really anything new.

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.comhe 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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