Grain Market Stays Weak

Grain Market Stays Weak

Attempt to firm falls flat, despite huge week of export shipments. (Audio)

The grain market remains under pressure this morning with a brief attempt to firm after the pit open in Chicago quickly losing steam. Selling resumed in soybeans even though weekly export shipments out this morning were an impressive 57.8 million bushels. Other commodities are also under pressure, with gold and crude oil lower as well.

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

Attempt to firm falls flat, despite huge week of export shipments.

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, 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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