Soybeans Try To Recover

Soybeans Try To Recover

Follow-through selling dries up overnight after Thursday's spike lower. (Audio)

Grain futures are mixed this morning, as an eventful October comes to an end. Soybeans broke on the start of trading Thursday but were able to quickly bounce back to post modest gains. The coldest weather of the fall is officially ending the growing season in many areas this weekend, with high winds causing some concern about lodging in unharvested corn fields.

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

Follow-through selling dries up overnight after Thursday’s spike lower.

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.

TAGS: USDA
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