USDA reports appear on radarUSDA reports appear on radar

Financial markets continue to come under pressure from questions about the fate of trade talks with China. Those negotiations could have a big impact on farm markets, but grain prices are holding firm so far on short covering. Traders are jockeying for position ahead of Friday’s USDA reports, while watching another storm that could keep barge traffic on the Mississippi River stalled until the end of next week.

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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.