Market Update for April 28, 2017

Bob Burgdorfer discusses factors that impacted the market this week. (audio)

It's been a weather market the past couple days, with cold temps forecast for this weekend boosting winter wheat and a dry pattern emerging next week sending corn and soybeans lower.

Mid-week, talk of withdrawing from NAFTA added some uneasiness to the market.

In today's CFTC, funds hold net short positions.

Crop progress report due out Monday afternoon will be anticipated to see if it shows a change in corn, soybean planting and winter wheat condition.

Some markets around the world will be closed Monday for May Day.

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.

TAGS: Market News
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