Market Update for July 7, 2017

Bob Burgdorfer talks about factors impacting the market. (audio)

Soybeans are leading the markets higher.

Corn has been on an upward trend.

Wheat markets were mixed today, but have been trending upward. Custom harvesters in western Kansas and Colorado have found good wheat on fewer acres.

Hot and dry weather is expected next week in much of the Midwest.

CFTC shows the funds cut short positions on corn and soybeans.

It's back to normal at USDA next week.

Listen to the report using the audio link on this page.

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish