Mixed markets ponder weather, acreageMixed markets ponder weather, acreage

Grain markets are mixed this morning, trying to hold on to momentum from last week’s rally. While floods and wet fields remain a top concern for farmers ahead of Friday’s USDA reports, financial investors are watching inversions in global credit markets that could be a symptom of a weakening world economy just as trade talks with China resume.

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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.