Soybeans gave back some of Friday’s big rally in overnight trade to start the week, thanks to heavy selling in Asian vegetable oils after India raised its tariffs on imports. That profit taking took corn and wheat lower too, and markets in general show a nervous tone this morning as traders get ready for a holiday-shortened week known to produce thin volume and at times volatile swings.

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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.