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Shifting Weather Models Pressure Grain Futures

Shifting Weather Models Pressure Grain Futures

Corn crop begins pollinating with warm temperatures over much of the Midwest. (Video report)

The U.S. corn crop is pollinating later than usual, but the key stage of development is underway in many areas, making prices extremely vulnerable to changing weather forecasts. Computer models made a U-turn Sunday, shifting wetter and cooler, triggering selling overnight. Farm Futures Senior Editor Bryce Knorr discusses the outlook for the week ahead with Mick Kjar of Valley View Live TV in Fargo, ND.

You can watch their conversation by clicking on the video link on this page.

TALKING MARKETS: Mick Kjar, Valley TV, talks with Bryce Knorr about overnight markets and the week ahead.

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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TAGS: USDA
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