May 14, 2018
Grain futures are looking to weather forecasts and price charts for support this morning as they try to reground following last week’s downturn. Hints that trade tensions with China may be easing gave a lift to soybeans overnight while corn tries to hold even as more storms move through soggy areas of the Midwest. Rains could keep some growers out of the field this week though forecasts for next week are mixed.
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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. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.
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