Beans Still Hot

Beans Still Hot

Bright mood in outside markets holds, letting futures rally on weather, exports. (Audio)

Grain markets are still in rally mode Thursday, with soybeans leading the way higher. July beans are flirting with the $14 dollar level in part due to outside markets that are showing less concern over European debt problems.

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

Soybeans pushed higher Wednesday.

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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