Farm Progress

Are rains too much of a good thing?

Futures hold but Wall Street prepares for pain. (Video report)

September 5, 2018

1 Min Read
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While one large storm system moves across the Plains and upper Midwest today, the remnants of Gordon are bringing heavy rain to the Delta. Moisture will benefit growers looking to expand hard red winter wheat acreage but could hurt early harvest plans for those in the eastern Corn Belt. Futures are trying to hold overnight, a marked contrast to other markets that are in retreat over concerns about emerging market countries.

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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