Grain markets are headed in different directions this morning as the dust continues to settle after bearish reports Sept. 12 from USDA. Wheat posted modest gains after frost in Western Australia last week added to the woes caused by El Nino in the eastern part of the continent. Corn and soybeans lost more ground, hovering just above last week’s contract lows as financial markets brace for new tariffs on China.

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.comhe 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.

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