March 4, 2016
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.
Global markets set tone for overnight trade.
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.
You May Also Like
Current Conditions for
Enter a zip code to see the weather conditions for a different location.
Cow and heifer slaughter indicates continued herd liquidationNov 27, 2023
Farm Progress America, November 28, 2023Nov 27, 2023
Growers, firms gather at organic summitNov 28, 2023
When silage runs low, don’t rush new cropNov 27, 2023