Post-Report Rally Fades

Post-Report Rally Fades

Weak close for soybeans triggers more selling overnight. (Audio)

Thursday's rally is but a distant memory this morning, with the soft finish from beans sending November futures to double distant losses overnight on Friday. A soft tone to world markets isn't helping confidence ahead of the weekend, though storms in the Midwest could limit hedge pressure.\

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

Weak close for soybeans triggers more selling overnight

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.

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