Release of USDA’s first estimate of corn and soybean production last week leaves a vacuum in the market until the data is updated in September. In the meantime, plenty of opinions should emerge about yield potential ahead of next week’s Farm Progress Show in Boone, Iowa. Trading volume could begin to thin before Labor Day, unless events around the world intervene as they did last week in the dispute between Ukraine and Russia. Tensions eased a bit over the weekend, causing profit taking to hit wheat, though corn and soybeans are higher.

Farm Futures Senior Editor Bryce Knorr talks about the markets with Mick Kjar, Valley News Live TV, Fargo.

Expect to hear plenty of opinions about how crops are faring

You can listen to his commentary by clicking on the audio link on this page.

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.

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