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Mood brightens, giving grains a liftMood brightens, giving grains a lift

Jobs report this morning could be key test for market optimists. (Audio)

March 4, 2016

1 Min Read

Grain futures are higher across the board this morning, getting a boost from a better tone across world financial markets. Whether that affinity for risk holds could be put to the test quickly, when jobs numbers for February come out at 7:30 CT. Weather could also come into play, with a big storm causing potential flooding problems from the southeast Plains to the Delta and up the lower Mississippi River.

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


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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