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Futures limp to finish line of bad week

Wheat again leads modest market rebound. (video)

Grain futures are trying to regroup this morning after posting new lows in the wake of bearish reports from USDA Wednesday. Financial markets are also looking more positive, buoyed by prospects for the U.S. and China to resume trade talks. Wheat is leading a modest rebound on the board as Hurricane Florence makes landfall in the Carolinas.

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.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures'free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

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