Market Update for July 21, 2017

Bob Burgdorfer says it's still a weather market. (audio)

It's a weather market, with rain in the forecast sending markets down.

There's a gap in corn maturity, which has market watchers talking.

Soybeans are made in August and the 30-day forecast is calling for warmer than normal weather.

Spring wheat harvest will start in a couple weeks and we'll learn how the yield is doing.

CFTC report finds funds trimmed their net longs in corn and hard red winter wheat.

It's a normal week at USDA next week with Crop Progress report coming out on Monday afternoon.

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