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Chinese stocks sink to start 2016

Bearish cloud keeps grain market rally at bay. (Audio)

January 4, 2016

1 Min Read

Markets may not have gotten the message about “out with the old and in with the new” as 2016 is starting with many of the same themes from last year in play. Grain markets are softer, with rally attempts thwarted by a steep sell off on the Chinese stock market, where trading halted after shared dropped 7% on weak manufacturing data. Other exchanges around the world followed suit, with stock index futures in the U.S. pointing to heavy losses on Wall Street this morning.

You can listen to Bryce's comments using the audio player below.

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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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