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Harvest grinds on as shippers focus on soybeans. (audio)

November 1, 2016

1 Min Read

Another big week of soybean inspections topping 100 million bushels helps support soybean prices this morning, though other markets are choppy. More sluggish corn and wheat inspections helped limit buying, with a nervous tone overall pervading many markets one week out from the U.S. election. A pipeline explosion limiting gasoline supplies on the East Coast caused a big spike in futures, throwing another monkey wrench into markets that have already seen plenty of disruptions.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

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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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