Farm Progress

Mixed markets show caution into weekend

Planter roll as farmers get a weather break, wheat tries a turnaround. (Video report)

April 27, 2018

1 Min Read

Grain markets are showing a mixed tone this morning after a choppy overnight session. Concerns about exports held back soybeans following China’s second straight week of net cancellations. An open weekend for corn planting should see more growers in the field though rains return next week. Wheat is trying to overcome bearish reversals Thursday, with prices hurt by another move by the dollar to new 2018 highs.

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 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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