Market Update for June 2, 2017

Bob Burgdorfer says spring wheat is at the highest point since January, according to his charts.

Spring wheat has been the story of the week.

Check out update on wheat harvest at farm futures.com

Two soybeans sales this week, one to unknown and one to Spain.

Corn has been trading in a narrow range.

Forecast is for cool and dry weather next week.

USDA monthly supply and demand report out next Friday. Monday's Crop Progress will show wheat harvest progress.

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