Market Update for March 17, 2017

Bob Burgdorfer talks about factors impacting the market this week. (audio)

Volume was light this week, as we are sandwiched between two reports - last week's monthly supply and demand report and the March 31 prospective plantings report. 

There are no weather issues to speak of this week and the 30 to 90 day forecast calls for warmer than normal temperatures and normal precipitation.

The CFTC report shows the funds are bailing from commodities.

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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