Grain futures are steady to higher this morning, keeping their March rally going while trying to absorb a lot of news to end the week. Trade talks with China heat up again next week, but no quick fix is expected with Chinese buying of U.S. soybeans easing recently. Farm Futures releases results of its latest grower survey at 7 a.m. CDT Friday, although there’s plenty of uncertainty over weather and economics in play. More storms are due over the weekend, and forecasts through spring call for above normal precipitation as well.
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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.