Futures are mostly higher this morning, trying to regroup after bearish USDA reports for corn on Friday pummeled prices. In addition to some short covering and bargain hunting, the mood appears brighter on news from China. Trade talks ended on a positive note there last week and return to Washington this week for another round, while stock markets cheered stronger Chinese manufacturing data. Concerns about wet weather in the U.S. don’t look ready to go away soon, with forecasts for April looking wet over a good chunk of the Corn Belt.

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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.