The Buzz: No Sizzle, Just Fizzle

The Buzz: No Sizzle, Just Fizzle

Potential for record corn and soybean crops keeps prices on the defensive.

Crop prices are sometimes providing plenty of fireworks around Independence Day. But the opposite appears to be true in 2014. Bearish USDA reports released at the end of June reinforced selling trends in place due to favorable development of corn and soybeans.

Senior Grain Market Analyst Bryce Knorr discusses the market's dilemma, along with potential for buying inputs this summer in a difficult environment.

Potential for record corn and soybean crops keeps prices on the defensive.

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.

TAGS: USDA
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish