Hurry up and wait appears to be the mantra today in the markets. More storms moving the middle of the country should keep tractors parked, with wet forecasts for most of the Midwest and Plains over the next two weeks. Traffic on the river system north of St. Louis is also at a standstill, with only a couple barges moving because most locks are closed by flooding. Traders are also waiting for more news out of this week’s trade talks with China, looking for word when a deal might get completed.

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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.