Wheat Tries To Lead Market

Wheat Tries To Lead Market

Good weather pressures corn lower again. (Audio)

Markets are mixed as trading gets underway for another week, but the trends are the same as they were most of last week. Wheat tries to rally, hoping to confirm at least a temporary bottom, while selling returned to the corn market thanks to good weather for crop development. Soybeans are mixed, with spread trade again featured.

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.

White is trying to rally while corn sputters on good weather news - soybeans remain mixed as the trading week begins.

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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