USDA’s big reports released Friday haven’t cleared the logjam in markets facing more uncertainty this week. Futures drifted lower overnight as traders mulled new trade talks in China and the threat of another government shutdown at the end of the week. Hopes of an early start to spring fieldwork are also on hold, with storms today from the eastern Plains through the Ohio River Valley.
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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.