Market Update for Sept. 15, 2017

Ben Potter discusses factors impacting the market. (audio)

The Crop Production and WADSE report out on Tuesday sent the market lower and the market has spent the rest of the week bouncing around looking for something to give it confidence to climb. USDA raised its yield numbers for both corn and soybeans, corn went from 169.5 to 169.9 and soybeans went from 49.4 to 49.9 bushels per acre.

Export sales have been brisk this week with two sales to China, two to unknown destinations and one to Mexico.

Dry area is expanding across parts of U.S. as warmer than normal weather blankets most areas east of the Rockies.

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