August 4, 2017
Temperatures cooled off in the Midwest this week, and that lack of a weather threat is keeping a rebound attempt in Chicago under wraps overnight. Grain futures are trying to hold yesterday’s lows, posting modest gains as traders mull estimates for next week’s USDA reports. Financial markets are also treading water ahead of the latest jobs report, following a run to another record high yesterday by the Dow.
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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. He also produces regular outlook reports on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs.
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