Farm Progress

Crop markets lower as next week appears dry

Mississippi River to reopen near St. Louis. (audio)

May 8, 2017

1 Min Read
Rising volatility may have farmers looking at new crop soybean sales for 2017 alreadylukas_zb/Thinkstock

Crop markets are lower on Monday as forecasts favor drier weather in the Midwest next week, which should aid planting.

Weekly grain inspections were lower for corn and soybeans, declines that likely are related to the shipping problems on the Mississippi and Illinois rivers.

The Coast Guard on Monday said the navigation should resume later on Monday near St. Louis as water levels retreat from last week’s highs.

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.

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