New U.S. tariffs against Chinese imports are set to go into effect next week but will start at just 10% before ratcheting higher at the end of the year. While China has made no official retaliation yet, stock markets around the world are mostly higher today. Crop markets mostly ignored the new sanctions too. Corn and soybeans focused on big crops despite damage from Hurricane Florence, making new contract lows overnight.

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.

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