Corn and Wheat Make New Lows

Corn and Wheat Make New Lows

Soybeans move off lows but leave gaps on charts (audio)

Red ink is flowing across the board as trading for June gets underway, with wheat continuing its collapse from May. Futures at all three exchanges made new lows overnight, pressuring corn lower as well. Soybeans gapped lower at the start of trading Sunday night, but moved over session lows thanks to concerns about very tight old crop supplies.

Farm Futures Senior Editor Bryce Knorr talks with Mick Kjar of Valley View Live TV in Fargo.

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

Soybeans move off lows but leave gaps on charts

Bryce Knorr, Senior Market Analyst, 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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