Quiet markets prepare for reports

Quiet markets prepare for reports

Trading glitch in Europe adds to slow tone overnight. (Audio)

With USDA set to release much anticipated reports on plantings and grains stocks Tuesday, trading today was expected to be somewhat subdued. That mood was evident overnight, when trading in Europe was delayed due to a glitch with their system. Outside markets are also avoiding turbulence this morning, after a nervous weekend.

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 biding its time ahead of release of USDA's March 31 report.

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.

The changing ag market will challenge even the best managers. Get insight into tools and tactics you can use to manage your farm through the downturn with the help of Dr. Mike Boehlje, Purdue University's Distinguished Professor of Agricultural Economics. He'll be conducting a Webinar on March 31. Sign up today.

TAGS: USDA
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