Beans Limping Into The Weekend

Beans Limping Into The Weekend

Fears of slowing demand and selling on Wall Street keep futures under pressure. (Audio)

Soybeans are still under pressure Friday  morning, with selling picking up after the pit open in Chicago. Concerns about slowing exports and red ink on Wall Street keep buyers on the sidelines. Corn prices are also stalled, but wheat is firm, as cold weather adds to the trouble of the hard red winter wheat crop on the Plains.

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

Fears of slowing demand and selling on Wall Street keep futures under pressure.

Bryce Knorr, Senior Editor, 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 Soybean
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