Markets jump higher after holiday

Markets jump higher after holiday

Grain futures rally along with stocks but overseas trade looks shaky. (Audio)

After a dismal start to 2016 there were signs of hope on international financial markets as traders in China returned to work following Lunar New Year holidays. Grain futures jumped higher after closing for Presidents Day, and U.S. stock index futures point to a higher open on Wall Street this morning too. But concerns over exports remain an issue, after Egypt rejected U.S. soybean shipments on quality concerns., and overseas gains are starting to fade.

 Knorr discusses overnight market moves with Pam Jahnke, Wisconsin Farm Report, and you can listen using the audio tool on this page (just scroll down).

Markets look brighter this morning with overnight gains, but there are global warning signs.

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.

TAGS: USDA
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