Grain futures are trying to rebound this morning after taking a shellacking Thursday from weak exports and more salvos in the trade war with China. Other demand news about ethanol and soybean crush was also disappointing yesterday, but dry weather over parts of the Corn Belt looks ready to continue another week as markets gear up for USDA’s Aug. 12 reports.
Watch the latest Facebook video posting from Bryce Knorr and be sure to like or follow the Farm Futures Facebook page.
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.