Soybeans are trying to lead grain futures higher overnight, as a drier weather pattern in the eastern Midwest raise concerns about how the crop will finish after an at times challenging growing season. Chinese trade data is also in the mix, with that country importing more corn and soybeans from the U.S. than normal last month. Still, the U.S. faces completion from Brazil for those deals, eating into purchases by regular customers in Asia.

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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. He also produces regular outlook reports on basis, energy, fertilizer and financial markets and feature price forecasts for key crop inputs.