Futures ended January on an upbeat note last week, but selling resumed overnight with the start of trading in a new month. More concerns about growth in China and a slowing world economy turned the mood sour. Wheat led grain markets lower after Egypt rejected a load of French wheat on quality concerns while a winter storm moves through Kansas and Nebraska today.

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

Selling restarts as February overnight trade starts. Slowing world ecomomy remains a concern.

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.