Grain markets are under a little pressure again this morning, continuing to pull back from their recent rally. While the wheat market eyes weather on the Plains and the latest tender from Egypt, investors sit on the sidelines anticipating no changes in interest rates at the end of today’s meeting at the Federal Reserve.

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

Grain markets are under a little pressure again this morning.

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.