Mixed Markets Wait for Weather, Crop Ratings

Mixed Markets Wait for Weather, Crop Ratings

Wheat and soybeans post gains, corn loses in overnight trade. (Audio)

Grain markets are mixed to start the week, with USDA reports still making news. This time it’s the first Crop Progress data of the season, due out this afternoon, along with the regular monthly supply and demand update from the agency out Wednesday. Livestock markets are also making news, following a limit down move in hogs Friday that raised question about whether high prices are turning off consumer.

Farm Futures Senior Editor Bryce Knorr talks about the markets with Mick Kjar, Valley News Live TV, Fargo.

You can listen to his commentary by clicking on the audio link on this page.

MARKET NEWS: First crop progress report arrives today - grain markets are mixed.

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.

Where will prices end up for season 2014? Get a jump on risk management planning with our special Farm Progress Marketing Webinar set for April 7, 2014. You'll hear from Bryce Knorr, Farm Futures senior market analyst, and Bob Burgdorfor, the new senior editor of Farm Futures - and its FREE. If you missed the webinar, check out Bryce's Morning Market Review every day after 7:30 a.m. Central Time.

TAGS: USDA
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