Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States

Money flows swings grain trade

TAGS: USDA
Money flows swings grain trade
Futures try to bounce back from Wednesday's reversals. (Audio)

Soybeans were higher yesterday until they weren’t. Despite more news about purchases by China, selling on Wall Street spilled over into the ag complex, sending corn, soybeans and wheat all lower. Soybeans are trying to bounce back this morning, as a very quiet overnight session enters the home stretch.

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

Market slump stretches into commodities, soybeans try for a comeback as overnight trade winds down.

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.

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish