Sticking your neck out for a weekend filled with uncertainty from Ukraine into the Middle East isn’t an attract prospect for traders today, especially with a big USDA looming on the horizon Tuesday. Grain futures saw light selling emerge in Europe with the soft tone continuing as offices in the U.S. turn on the lights. Weather and production continues to look pretty good around the world, though demand for U.S. crops also appears to be picking up.
Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this 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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