Market Update for April 16, 2018

Bryce Knorr discusses factors impacting the market. (audio)

Storm Xanto over the weekend impacted the entire country, with impacts lingering today on the east coat. It's unclear if the storm brought temps cold enough to harm Hard Red Winter Wheat. Temperatures were reported to drop into the 20s in southwest Kansas with snow into the Dakotas, which is beneficial moisture. Another storm is forecast to bring much-needed moisture to Kansas and Oklahoma, Texas panhandle.

It's a slow spring in the northern Plains for corn planting.

Soybeans were up 1 to 3 overnight with soybeans following the mood of the stock market recently. 

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