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Better mood in Europe lifts U.S. markets

Weather threat to corn and soybeans eases after heat wave. (Audio)

July 25, 2016

1 Min Read

Grain futures are trying to turn higher this morning, getting a boost from European wheat markets worried about more damage to the crop there from untimely rains. Stock markets in Europe are also moving higher, as the mood brightens one month after Britain’s vote to leave the European Union.

Knorr shares market insights from overnight trade and you can listen using the audio tool on this page (just scroll down).

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Senior Editor 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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.

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