August ended on a sour note Wednesday with corn, soybean s and wheat all making new lows for the month. Futures are rebounding this morning, as corn and soybeans turn a page and start their 2016 crop marketing years. Final ending stocks for 2015 won’t be known until the end of the month, but reports out today could provide important clues about usage during the summer.
Knorr discusses overnight market moves with Bryant Gill, sitting in for Pam Jahnke, Wisconsin Farm Report, and you can listen using the audio tool on this page (just scroll down).
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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.