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Bargain Hunters Lift Grain Market

Bargain Hunters Lift Grain Market

Big drop in prices this week stimulates end user demand as importers focus on reserves. (audio)

Futures are higher across the board Wednesday morning, finally mustering a rebound rally after heavy selling this week. More talk is being heard around the world about food reserves, with South Korea announcing plans to build its stockpiles and China continuing to sell off its inventories to quell food inflation there. In this morning's audio report, Bryce offers a look at how the farm commodity trade is shaping up.

BARGAIN HELPERS: Big drop in prices this week stimulates end user demand as importers focus on reserves.

Senior Editor 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.

Keep up on key farm market topics by visiting FarmFutures.com regularly. And you can follow us on Twitter at Twitter.com/FarmFutures.

TAGS: USDA
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