The Buzz: Can The Downhill Train Be Stopped?

The Buzz: Can The Downhill Train Be Stopped?

Weather remains favorable for crops, putting the burden for rallies on demand

Good weather for sleeping during the summer means little hot, dry weather to rally grain futures. Strong demand helped turn soybeans around, at least temporarily, but corn and wheat don’t have that ace up their sleeve right now. Market Analyst Bryce Knorr and Senior Editor Bob Burgdorfer go over the prospects for rallies as the second half of summer gets underway.

Watch the conversation using the video link below.

Weather remains favorable for crops, putting the burden for rallies on demand.

Bryce Knorr, Senior Market Analyst, Farm Futures, first joined Farm Progress 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.

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

The Buzz is a weekly video feature where the Farm Futures team takes a more in-depth look at key topics impacting the markets. It is often updated on farm market report days as well.

TAGS: USDA
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