Demand Surfaces for U.S. Crops
China buys soybeans, wheat moves in Asia after price break. (Audio)
Published: Nov 15, 2012
Signs of export demand after the recent break in prices is helping the market stop its slide. Soybeans typically try to mount a rally after mid-November and Chinese buying could help that trend continue this year. Political uncertainty remains a risk due to the fiscal cliff on the budget deficit, with Middle East tensions also working into the equation.
Farm Futures Senior Editor Bryce Knorr talks markets with Dylan Brogan, Wisconsin Farm Report.
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.
ON THE DIPS? China buys soybeans, wheat moves in Asia after price break.
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