Futures retreated overnight, giving back some of the gains from Friday’s rally.  Several weeks of hot, dry weather matured crops, which could increase harvest activity and hedge pressure this week. Traders are also getting in position for Friday’s report on Sept. 1 stocks, a release that generated some big price moves in the past. Outside markets are quick with investors mulling German election results.

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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.