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Rising tide of crude oil lifts all boats overnight

Global market activities reach into ag commodities market. Fieldwork weather improving. (Audio)

April 8, 2016

1 Min Read

Markets have been choppy this week, with sentiment in the financial sector spilling over into Ag trade. That tone was in play again today as gains in crude oil lifted stock index futures and gave support to crop futures too. Wheat is trying to bounce back after another week of disappointing exports, while better weather for spring fieldwork starts to creep into forecasts for the Midwest.

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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