Grain futures are higher as the overnight session begins to wind down. Spring wheat futures remain the driving force behind gains, sending Minneapolis September to new contracts highs. Storms moving across the upper Midwest this morning are part of systems that could bring heavy rains to the Corn Belt while mostly bypassing dry areas of the western Plains. Traders are mulling estimates for Friday’s USDA acreage and stocks reports, with many hoping for a quick exit and a long holiday weekend.

Check out Bryce's comments in a special Facebook live post below. Note this is from our new Facebook page at facebook.com/farmfutures. On that page we'll be posting new alerts and other updates regularly.

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.