Ukraine Tensions Trigger Wheat Rally

Ukraine Tensions Trigger Wheat Rally

Caution builds into Labor Day weekend. (audio)

Traders typically turn cautious headed into holiday weekends, and Labor Day 2014 presents plenty of reasons for nervousness. Crop prices consolidated in the second half of August, but could be setting up for a break, for one. First notice day for September futures is Friday, another reason for those with positions to bail. The potential for a surprise news event also is a concern this year, with futures popping late in the overnight session on talk of a Russian "invasion" of Ukraine.

Farm Futures Senior Editor Bryce Knorr talks with Jesse Harding, Wisconsin Farm Report.

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

Caution builds into Labor Day weekend.

Bryce Knorr, Senior Market Analyst, 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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