Storms moving across the Red River Valley in North Dakota this morning are expected to provide widespread relief for northern Plains crops, but another system could be more beneficial later in the week. Grain futures are posting more gains overnight, taking many contracts to the top of recent trading ranges. Outside markets are quiet, waiting for a series of events Thursday that could trigger volatility.

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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.