March 17, 2017
After a rough start to March grain markets finally appeared to find some traction this week, thanks in part to a rally in other markets. But while bulls on Wall Street took profits yesterday, a weaker dollar triggered strength in commodities that’s also in play today. That buying is helping futures try to hold gains overnight, as long-term forecasts got traders thinking about spring.
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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. His other weekly reviews on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs.
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