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Grain Market Soars Higher

Grain Market Soars Higher

Strong exports and worries over Ukraine spur buying (audio)

Futures are sharply higher across the board this morning. While there was little fresh news to digest overnight, traders don't want to be caught short headed into an uncertain weekend ahead of Monday's USDA report. Tight U.S. soybean stocks and strong exports are fueling the rally, with jitters over Ukraine also spurring some end user covering in corn and wheat.

Listen to the report using the audio link on this page.

Strong exports and worries over Ukraine spur buying

Bryce Knorr, Senior Editor, Farm Futures, first joined Farm Progress Cos. in 1987. In addition to analyzing and writing about the commodity markets, he is a former future 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 Market Review on FarmFutures.com, he writes weekly reviews for key commodities and 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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TAGS: USDA
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