Grain futures are mixed this morning, reversing directions from Tuesday’s close. Corn and soybeans are higher on the heels of big breaks yesterday, while wheat gives back some of its gains. News on exports and ethanol demand is in the market today but the ag contracts also face stiff headwinds from stocks and crude oil, which are both lower again today. Harvest looks like it could drag on past Thanksgiving especially in the eastern Midwest, which is getting pounded by storms today.

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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