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Grains Try To Fight Bearish Tide

Grains Try To Fight Bearish Tide

Markets post light gains in overnight session; Nervous financial markets continue to cloud sentiment. (audio)

Markets are posting light gains in the overnight session, getting a bit of a bounce after Friday's mostly disappointing trade. Bearish production and carryout estimates from USDA continue to weigh on corn and soybeans. Wheat got a little more positive news, which helped winter wheat contracts reverse higher. Nervous financial markets continue to cloud sentiment, with commodities in general falling out of favor. Government offices close today the Columbus Day holiday, but most markets are open.

Farm Futures Senior Editor Bryce Knorr talks with Mick Kjar of Valley View Live TV in Fargo.

Listen to the conversation using the audio link on this page.

Markets post light gains in overnight session; Nervous financial markets continue to cloud sentiment.

Bryce Knorr, Senior Market Analyst, Farm Futures, first joined Farm Progress Cos. in 1987. In addition to analyzing and writing about the commodity markets, he is a former future 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 Market Review on FarmFutures.com, he writes weekly reviews for key commodities and crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.

TAGS: USDA Wheat
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