Grain futures in Chicago gapped higher across the board Sunday night, spurred by a series of forecasts that turned hot and dry for much of the growing season. Spring wheat is again the leader, as farmers on the northern Plains are starting to give up on their crop. Futures close at noon today, which doesn’t give bears trapped in short positions much time to cut losses.

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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.