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Ukraine, Greece keep markets nervous

Ukraine, Greece keep markets nervous

Dollar surges again on international tensions as traders wonder about Black Sea grain flows. (Audio)

Grain futures are mixed in fairly quiet trading overnight, with the latest international news causing two-sided trade. Greek elections roiled currency markets again, sending the dollar to new highs briefly, while new fighting threatened a major port in Ukraine, a leading exporter of corn and fertilizer. Dry conditions on the central and northern Plains provided support for the beleaguered wheat market.

Farm Futures Senior Editor Bryce Knorr talks about the markets with Robert Hahn, Valley News Live TV, Fargo.

You can listen to his commentary by clicking on the audio link on this page.

Strong dollar and global market moves have traders on edge with quiet overnight trade.

Senior Editor 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.

TAGS: USDA
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