Markets around the world are in a better mood today, lifting everything from stocks to soybeans as trading for June and the second quarter of 2018 comes to an end. Easing trade tensions, at least the July 6 deadline for tariffs, spurred some bargain hunting and position squaring. Traders are bracing for bearish USDA reports today, though searing temperatures across the Corn Belt today could mute that impact.

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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.