Grain futures are mixed this morning, after a quiet overnight session, especially for corn and wheat, where trading volume slowed noticeably on Tuesday as volatility from last week’s USDA reports dies down. One reason for the peaceful tone is the absence of Chinese traders, who are off for a week-long holiday. While a system continues to wind through the Midwest, Hurricane Mathew bears down on the U.S., with a storm also brewing in the energy trade. Crude oil shot higher on ideas U.S. stockpiles fell deeply last week.

Senior Editor Bryce Knorr offers his insight into overnight trade, listen using the audio tool on this page.

Grain futures are mixed this morning, after a quiet overnight session. (Photo: maciek905/Thinkstock)

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.