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Old Crop Soybeans Still Popping

Old Crop Soybeans Still Popping

Futures recover some of Wednesday's losses despite more rain. (Audio)

Most of the talk in the market this week was about good crops out in the field, but the soybean market is still worried about tight supplies from last year. That’s giving the market a lift across the board this morning, thanks to export potential that’s looking a little brighter.

Knorr discusses overnight market moves with Jesse Harding, Wisconsin Farm Report, and you can listen using the audio tool on this page (just scroll down).

Futures recover some of Wednesday’s losses despite more rain

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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.

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TAGS: USDA
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