Winter brought disappointing prices for crops, in part because of extreme volatility from financial markets that depressed commodities. Slower action on interest rates by the Federal Reserve appeared to calm Wall Street, which let grain trades turn their focus where it should be in March. First, there's the big USDA crop reports at the end of the month, following by weather for planting.
Senior market analyst Bryce Knorr goes over the outlook, including the spring forecast from meteorologist Greg Soulje.
Watch the conversation using the video link below.
Bryce Knorr, Senior Market Analyst, Farm Futures, first joined Farm Progress in 1987. In addition to analyzing and writing about the commodity markets, he is a former future 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 Market Review on FarmFutures.com, he writes weekly reviews for key commodities and crop inputs. A journalist with 38 years of experience, he received the Master Writers Award from the American Agricultural Editors Association.