Farm Progress

Corn faces decisive week

Open weekend spurs planting but lags average. (Video)

May 15, 2017

1 Min Read
<p>Yield information is just one piece of data from your farm that can be used for decision-making. Other tasks from application to work around the farm help you manage more closely, and for profit.</p>

An open weekend helped get more farmers back in their tractors, and growers reporting Feedback From The Field noted good progress over the past week. Still, corn is posting only small losses this morning as traders wait for the Crop Progress report this afternoon. Planting progress by May 15 is a key metric used in popular corn yield forecasting models. Soybeans are also trying to hold, getting some help from outside commodity markets looking more bullish thanks to a big move in crude oil.

Check out Bryce's comments in a special Facebook live post below. Note this is from our new Facebook page at facebook.com/farmfutures. On that page we'll be posting new alerts and other updates regularly.

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.

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