Chinese stocks drop again, rattle markets

Chinese stocks drop again, rattle markets

Traders get ready for big USDA data dump. (Audio)

The second week of the new year isn’t starting much differently than the first. China’s beleaguered stock markets are again making headlines, with a slump in share prices yanking the rug out from under an attempt to rally grain futures. Traders don’t need much incentive to stay put, with USDA set to release major crop reports Tuesday.

You can listen to Bryce's comments using the audio player below.

China's continued slump to hit global trade; U.S. markets get ready for USDA report.

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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