If you like to trade headlines there are plenty to choose from this morning, helping to firm markets overnight. An early blast of winter is ending the growing season in the western half of the Midwest, with heavy snow in North Dakota flattening crops. Trade talks in Washington could be headed to a small deal to boost buying of ag products and create a tariff truce as the second day of negotiations get underway. Grains markets continue to digest USDA’s surprising reports while crude oil eyes an attack on an Iranian tanker as Turkish troops advance in Syria.
Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this 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 contacted 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.