The October market rally caught many by surprise, and the causes for the move higher vary. But with big crops threatening to swell carryout for corn and soybeans, the market's move higher is a selling opportunity, according to panelists on this week's Commodity Week program from WILL radio.
Bryce Knorr, Farm Futures analyst, joined Bill Mayer, Strategic Farm Marketing and Chip Nellinger of Blue Reef Agri-Marketing to talk with host Todd Gleason about the outlook for prices.
Listen to the Oct. 24 market report on the WILL Commodity Week Web page.
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.