Farm Progress

Market Update for April 9, 2018

Bryce Knorr discusses factors impacting the market. (audio)

April 9, 2018

It's another day, another story as soybean market whistles past the graveyard. The stock market is getting back some of what it lost last Friday.

USDA comes out with its monthly production and supply and demand estimate report on Tuesday. 

The weather is influencing the market with cold temperatures - 20 degree temperatures were reported in Amarillo, Texas - likely damaging winter wheat that has jointed. Below average precipitation in the southern Plains is also impacting wheat condition and prices.

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