Grains Are Market Bright Spot

Grains Are Market Bright Spot

Grain markets move higher on the third day of government shutdown as wheat continues to rally. (audio)

Grain traders are learning to live without USDA data this morning as the export sales report is not available. Outside markets are taking the shutdown and impending debt ceiling showdown as two big negative influences as stocks, gold, oil and the dollar are all trading lower. Grains are a bright spot in the markets with wheat continuing to lead. Heavy rains fell in eastern Nebraska and carried on into Minnesota and Wisconsin in the past 24 hours, delaying harvest.

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

Wheat rally restarts as market continues to price tighter supplies and strong exports.

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.

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