Planting Delays Return After Open Week

Planting Delays Return After Open Week

Farmers seeded a lot of corn last week, but rains return to stall progress. (Audio)

Grain futures traders aren’t buying into worries about corn planting delays, with new crop prices easing overnight to start the week. Rains return to the Midwest this week, with a slow moving system again stalling progress. Old crop corn and soybeans are moving higher in electronic only screen trade, thanks to strong demand and tight supplies.

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

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

NO WORRIES? Grain buyers aren't buying into worries about corn planting delays...which means prices eased overnight.

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.

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TAGS: USDA
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