Grain markets continue to show signs that winter lows are in, with prices trending higher this week. Overnight trade is choppy in fairly narrow ranges as the first half of March goes into the books. Attention is turning to new crop thanks to flooding not only on the Mississippi River system but in the Dakotas and Nebraska as well following the inland hurricane, with a huge snowpack in the upper Midwest threatening more soggy conditions.
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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.