Market Update for 2/21/17

Bryce Knorr says there'll be a lot of news this week from USDA. (podcast)

USDA's economics chief will deliver a speech Thursday during USDA's outlook conference, which Bob Burgdorfer will attend.

USDA puts out county yield data on Thursday afternoon. Bryce Knorr will use the data to calculate preliminary ACR payments.

All USDA's usual reports will be a day late this week due to the President's Day holiday.

The northwest Corn Belt could see some moisture this week. With the warm weather, there's concern that wheat will break dormancy and be impacted by spring frost.

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