Weather models are pushing out new forecast maps constantly these days, so traders tend to have a bit of a jaundiced eye about shifts in these computer-generated outlooks. But a series of runs out this morning show a dramatic shift to cooler and wetter conditions next week, after this week’s blistering heat wave. Buyers in South Korea stepped in to book corn and wheat after Tuesday’s selloff took prices near contract lows.

Knorr shares market insights from overnight trade and you can listen using the audio tool on this page (just scroll down).

Overnight trade has its eyes on trade, and the weather. Cooler, wetter pattern ahead?

Senior Editor 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. And you can follow Farm Futures throughout the day on Twitter at www.twitter.com/farmfutures.