May options have their final day of trading today, and event that could keep futures choppy. Soybeans were unable to develop any follow-through buying after yesterday's gains, while concerns about bird flu cutting feed demand weigh on corn. Wheat faces a mixed moisture outlook but is also lower.
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Bryce Knorr, Senior Market Analyst, Farm Futures, first joined Farm Progress Cos. 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.