Trade Delay Slaps Soybeans

By Bryce Knorr

Soybeans tried to extend their rally overnight, but the effort fizzled quickly when news broke this morning that any meeting between President Trump and President Xi of China to hammer out a trade deal may not take place until April. Soybean futures abruptly reversed lower, with U.S. stock index futures also seeing selling after Wednesday’s move to the best on Wall Street since last fall’s record highs. Worries about Brexit linger as well over a market watching turbulent March weather, including an unusual inland “hurricane.”

Knorr discusses overnight market moves with Pam Jahnke, Wisconsin Farm Report, and you can listen using the audio tool below.

This article provided by NewsEdge.