Global concerns cause grain market jitters

Global concerns cause grain market jitters

Crop futures mostly soft as world waits on China. (Audio)

Grain futures are steady to lower this morning, with more selling in Chinese stocks keeping buyers restrained as August comes to an end. Traders will also eye hot, dry weather this week at the Farm Progress Show, where field demos will provide clues on the size of this year’s crops.

Farm Futures Senior Editor Bryce Knorr talks about the markets with Mick Kjar, Valley News Live TV, Fargo.

You can listen to his commentary by clicking on the audio link on this page.

Traders on watch for China indicators, U.S. crop conditions.

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.

TAGS: USDA Soybean
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