Futures Market is Waiting for China

Futures Market is Waiting for China

Corn holds on to gains as market looks for confirmation of new export business. (audio)

The corn market is avoiding profit taking following Monday’s rally, despite lack of confirmation of those rumored sales to China. Soybeans, meanwhile, are bounced back overnight on easing tensions in global financial markets. Farm Futures Senior Editor Bryce Knorr, explored hot topics in the markets with Dylan Brogan of the Wisconsin Farm Report. You can listen to their conversation using the audio player on this page.

BIG QUESTION MARK: Rumored grain sales have been attributed to China, and that has bolstered prices. But it also keeps the market guessing.

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.


The Wisconsin Farm Report covers the Badger State through a network of participating radio stations, offering farmers up-to-the-minute information they can use in their farm operations.

TAGS: USDA
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