Futures Rally Overnight

Futures Rally Overnight

Friday's gains and bullish USDA reports trigger another round of buying. (Audio)

Grain prices are enjoying double digit against in corn, soybeans and wheat as U.S. traders clock in, with markets trying to confirm winter lows on the heels of Friday's USDA reports. Corn is starting to flirt with its first chart objectives, while weather is helping push beans and wheat to additional gains.

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

Friday's gains and bullish USDA reports trigger another round of 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.

TAGS: USDA
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