Market Update for 1/3/17

Bryce Knorr gives a quick recap of 2016 and looks ahead to 2017. (audio)

Corn and wheat finished down for the fourth straight year.

Winter wheat ratings are out today and show how the crop is dealing with weather variability.

Soybeans face a turning point with the Brazil crop maturing.

Corn is waiting on the January reports.

Our final numbers for 2016 are out Thursday.

Outside markets are in full rally mode with oil trading at $55 a barrel as the OPEC production cuts take full effect.

The dollar is stronger, which hurts manufactured products with a fixed price.

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