Selling Swamps Soybeans Overnight

Selling Swamps Soybeans Overnight

Wheat, corn try for turnaround but Crimea tensions hammer other markets. (Audio)

The crisis in Ukraine appears front and center this morning. While plans for Crimea to join Russia give a boost to wheat and corn, other assets from stocks to soybeans are down sharply as investors seek safety and shed risk. Crude oil is breaking hard, with gold, bonds and the dollar stronger.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

GLOBAL PRESSURE: Overnight markets not kind to soybeans,while corn and wheat shoot for a turnaround.

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.

You can add bushels to your soybean yield with our new free report Boost Your Soybean Yield. Click the link, download the report and start thinking about 2014.

TAGS: USDA
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish