Corn, Soybeans Retreat

Corn, Soybeans Retreat

Forecasts for weaker growth in China turn Columbus Day markets lower. (Audio)

Corn and soybeans are trading lower Monday morning ahead of the pit open in Chicago. Most markets are open for trading Columbus Day, with stocks suffering losses in Asia and Europe on news of weaker Chinese growth prospects. Grain markets are also concerned about increasing soybean production, ahead of Thursday's monthly USDA report.

Farm Futures Senior Editor Bryce Knorr talks with Mick Kjar, Farm Director & Meteorologist, Valley News Live TV, Fargo/Grand Forks.

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

Forecasts for weaker growth in China turn Columbus Day markets lower.

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
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