Futures ease ahead of reports

Futures ease ahead of reports

Weak financial markets add to light pressure overnight. (Audio)

Grain futures are modestly lower this morning, as grain traders brace for the latest monthly updates from USDA. Investors are even more nervous following Friday’s steep selloff on Wall Street, with stock index futures showing more losses possible today.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

Wall Street sell-off, USDA reports create turmoil for traders.

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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