After another turbulent week markets are fairly quiet this morning. While the grain trade absorbs yesterday’s steep selloff, investors brace for release of April jobs numbers at 7:30 CDT that could swing a decision on raising interest rates in June at the Federal Reserve.

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

Outside forces at work on markets today as next jobs report looms. Overnight trade is quiet after Thursday selloff.

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.