Soybeans try to turn higher

Soybeans try to turn higher

Wheat retreats again on rain chances. (Video report)

The big storm that battered much of the country over the weekend is still affecting the East Coast this morning, and having an impact on grain futures. Hard red winter wheat suffered double digit losses overnight, with rain and slow from last week forecast to be followed by more widespread rains over the next week. Storms in financial markets are trying to ease after the strikes against Syrian chemical weapons facilities Saturday.

Watch the latest Facebook video posting from Bryce Knorr, and be sure to like or follow the Farm Futures Facebook 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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