Grain Markets Higher as Temperatures Drop

Grain Markets Higher as Temperatures Drop

Cold weather is coming to the Plains and Midwest creating production concerns and increasing prices in wheat markets. (audio)

Winter wheat growers are looking at 6 to 8 days of below freezing temperatures with some below zero readings included that could be damaging to wheat plants that saw thermometers touching 60 yesterday. Soybeans have turned around yesterday's losses as the market takes in the strong export numbers and begins to look down the road at tightening supplies. Harvest is winding down in corn fields as North Dakota farmers take a weather induced break this week with 92% of their crop in the bin. 

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

Cold weather is coming to the Plains and Midwest creating production concerns and increasing prices in wheat markets.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

TAGS: Wheat
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish