Farm Progress

Markets gain despite strong dollar. (Video report)

July 18, 2018

1 Min Read
markets rise
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Weather fueled buying again overnight, and farmers in the U.S. aren’t the only ones watching the sky for rain. Hot, dry conditions baked fields this summer in Germany and Australian wheat prices hit new contract highs today as the drought there intensifies. Gains in the U.S. market came despite a stronger dollar that was bearish for other commodities.

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 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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