Grain futures tried to generate a bit of a bounce with stronger early trade in the overnight session. But gains didn’t last. Corn and wheat retreated in steady fashion while soybeans hit an air pocket and dropped sharply around 5 a.m. CST. Ag markets aren’t alone, because other assets from stocks to crude oil are also treading water, waiting for key reports over the next couple days as well as more news about trade negotiations with China.

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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.