Market Update for March 20, 2017

Bryce Knorr discusses factors impacting the market. (audio)

Commodity markets are trying to hold onto a bullish start.

The COT report shows index and hedge funds are selling commodities more than anticipated.

The Prospective Plantings report is due March 31, with the Farm Futures survey released March 24.

There is rain in the forecast for the HRW wheat.

 

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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