Grain futures firm ahead of reports

Grain futures firm ahead of reports

China's moves to bolster economy brighten mood around the world. (Audio)

The third quarter of 2015 comes to an end today, closing a down chapter for many stocks and commodities. But the mood appears to be improving after China took several steps to bolster its struggling economy, lifting stock prices around the world. Grain futures are also firming as traders brace for Sept. 1 stocks data (being released this morning) that’s been hard to predict recently.

You can listen to Bryce's comments using the audio player below.

Good news from China provides stronger overnight price news for commodities.

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.

Thriving during the Economic Downturn won't be easy but Mike Boehlje, Purdue University ag economist, and Farm Futures Summit speaker shares his thoughts in a new webinar. Watch the playback of Managing Your Farm Business in an Economic Downturn.

TAGS: USDA
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