Grain futures are trying to hold last week’s tentative rebound as trading in a crucial week gets underway. USDA releases its first production estimates Thursday for corn and soybeans based on data from farmers and their fields. While the overall size of the crops looks smaller than last year’s records, both growers and Vegetation Health Index maps last week indicated some improvement. Crop Progress ratings out this afternoon could work higher as a result.

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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.