Markets Start Week with Soft Tone

Markets Start Week with Soft Tone

October rally gives way to selling as new month gets underway. (Audio)

Grain futures are lower across the board this morning. Soybeans led the way higher in October, and are pacing losses this morning. Soybean futures ran up against chart resistance last week, while corn and wheat are fight to hold support. A stronger dollar is also in the mix, posting more gains today after hammering gold and crude oil last week.

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.

October rally gives way to selling as new month gets underway

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.

Take on 2015 with the right set of financial and management tools, make plans now to attend the 2015 Farm Futures Business Summit, Jan. 7 & 8, 2015. Learn more at the event web page where you can register and make your hotel reservation
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