Farm Progress

Wheat tries to hold rally

Soybeans sink as big Brazil crop weighs. (Video report)

November 26, 2018

1 Min Read

Grain markets headed in different directions overnight. Wheat advanced on renewed export hopes, despite disappointing sales last week. Soybeans slipped, pressured by prospects for a huge crop coming out of Brazil as traders mull this week’s meeting between President Trump and President Xi of China. Corn fought to hold steady after ticking below Friday’s lows overnight after snow blanketed fields from Kansas to Wisconsin.

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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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