News the U.S. and China declared a “truce” in their trade disputes sent markets higher overnight, with soybeans leading the charge. While no specifics of any settlement emerged after talks last week, U.S. officials said China agreed to buy more agriculture and energy products from the U.S. Grain futures gapped higher as a result, breaking free of May downtrends as traders return their focus to planting delays for corn.

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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.