Battered markets showed signs of life again overnight, helping firm everything from stocks to soybeans. Hopes trade tensions between the U.S. and China could ease following this week’s meeting between Presidents Trump and Xi appear to be rising, though it’s unclear what any type of breakthrough might look like. Still, charts are trying to hold bullish moves that could attract more short covering.

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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.