Farm Progress

Markets try to hold overnight gains. (Audio)

February 6, 2017

1 Min Read

An exciting Super Bowl may have spilled over into the grain market Sunday night. Soybeans rallied along with the Patriots, rebounding from Friday’s reversal lower to post double digit gains overnight.  Futures sold off Friday’s on forecasts for a big Brazilian crop that would more than offset losses from flooding in Argentina. USDA weighs in with its updated estimates in the monthly crop report Thursday.

You can listen to Bryce's comments using the audio player below.

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.

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