Rains Keep Crop Stress Low

Rains Keep Crop Stress Low

Futures mixed overnight though old crop soybeans still see fireworks. (Audio)

More rains are set to move through the Midwest this week, limiting late season stress as debate continues over the size of the 2014 corn and soybean crops. Some dry areas saw storms over the weekend and could receive heavier coverage over the next few days. Fields in China and Ukraine also are picking up some precipitation, keeping overseas prices in check.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

Futures mixed overnight though old crop soybeans still see fireworks

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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