Grain futures are mostly a little lower this morning, seeing a little profit taking after Tuesday’s gains. Weather is in the news this morning. As Hurricane Irma bears down on the Caribbean with devastating winds, impacts from Harvey are still being felt. Export Inspections of wheat plunged last week after shipments ceased out of the Texas Gulf. Temperatures as low as 30 degrees are being seen this morning in parts of western Nebraska, though frost damage is not expected to be widespread. Corn conditions eased last week while soybeans were mostly steady ahead of Labor Day.

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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. He also produces regular outlook reports on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs.