Farm Futures Market Regains Strength

Farm Futures Market Regains Strength

Futures trade higher on hopes for more export demand as Wall Street reopens. (Audio)

Corn and soybeans are extending yesterday’s gains, and wheat is also trying for a better day, as markets try to return toward normal with trading resuming on Wall Street. Adverse weather around the world is firming prices on hopes it will boost U.S. exports, with a big tending out today from Egypt the latest test. Farm Futures Senior Editor Bryce Knorr looks at the markets and offers his insight into how trade is shaping up. You can listen to his commentary using the audio link on this page.

WALL STREET IS BACK: Futures trade higher on hopes for more export demand as Wall Street reopens.

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.

You can also catch Bryce Knorr daily at www.DatelineDrought.com where he offers an afternoon video wrapup on the markets, often in partnership with Max Armstrong or Greg Soulje. The site is focused on moving into 2013 after the devastating 2012 Drought and includes links from the Farm Progress family of magazines on a wide range of drought and farm management topics.

TAGS: USDA Soybean
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