Market Update for June 30, 2017

Bob Burgdorfer talks about the June 30 USDA report. (audio)

Today's USDA reports sent the wheat and soybean market higher and they brought corn along for the ride.

The weather looks to be hotter in July across much of the nation.

The funds are increasing their net shorts in corn and soybeans.

USDA is closed on Monday, but the market is open and Bob will be working, but Crop Progress report won't be out until Wednesday. Other reports will be delayed as well.

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.

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