Quiet markets brace for reportsQuiet markets brace for reports

Talk about the calm before the storm! Grain markets were extremely quiet overnight, keeping to small ranges in low volume trade. That torpor likely will stop at 11 a.m. CDT, when USDA releases grain stocks and prospective plantings reports. Plenty of questions could add to the mix, from trade talks with China to weather and another vote on Brexit in the British Parliament.

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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.