News from global financial markets quieted a bit overnight, allowing grain futures to focus on weather and trade in the aftermath of a mixed report from USDA Friday. Traffic is moving along the Ohio River again though flooding remains an issue as another storm heads towards the Delta. A drier forecast for the second week of the outlook was balanced by continued cooler than normal temperatures that could keep many fields too wet to work in the Midwest.
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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.