Stock markets around the world rebounded overnight following a bruising week of losses caused by fears of a widening trade war between the U.S. and the rest of the world. Those fears appear to be easing this morning, allowing grain markets to finally focus on USDA’s big March 29 reports. Traders don’t expect a huge shift in acreage this year, though most see farmers planting more soybeans. The wheat market continues to focus on weather, with more storms on the Plains sending winter wheat futures down overnight.

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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.