Grain futures are mixed to mostly lower this morning, reflecting markets that are nervous about headline risk. In the grain trade Monday’s USDA report looms over prices, while investors wait for this morning’s employment report for October and potential news about increased tensions in Ukraine. Soybeans are a little higher, but corn and wheat are again lower.
Senior Market Analyst Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.
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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.