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Quiet markets drift into weekend

Wheat can’t hold export rally. (Video report)

Trade news and weather remain the market’s main concern and neither gave corn and soybeans much help this week. The corn crop pollinated this week under mostly favorable conditions while export sales for both crops last week were weak. Wheat exports were good and the tour in North Dakota confirmed a smaller crop, but futures mostly lost ground anyway.

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.

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