Farm Futures Logo

Grain markets quiet after bearish break

Bank of Japan roils financial world with negative interest rates. (Audio)

January 29, 2016

1 Min Read

Grain markets are quiet this morning, with no real follow-through selling developing after Thursday’s break below key chart support. Financial markets are a different story as they respond to the announcement of negative interest rates by the Bank of Japan. The central bank will try to stimulate its economy by charging institutions money to deposit funds, a move that sent the dollar soaring but cheer stock markets.

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

grain_markets_quiet_after_bearish_break_1_635896458853931596.jpg

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.

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like


Aug 29 - Aug 31, 2023
Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services.
LEARN MORE