Farm Progress

Crop markets on track for a higher week; wet weather being watched

Wheat turns higher as storm damage assessed. (audio)

May 5, 2017

1 Min Read

Corn, soybean and wheat futures are on track to finish higher for the week, with winter wheat markets awaiting damage estimates from Sunday’s snowstorm.

A crop tour’s Kansas production estimate of 282 million bushels assumes 18.5% acreage abandonment, which would be higher than during each of the previous two years.

Wet weather is being watched in the corn and soybean markets as planting is under way.

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.

Subscribe to receive top agriculture news
Be informed daily with these free e-newsletters

You May Also Like

Aug 29 - Aug 31, 2023
Farm Progress Show annually hosts more than 600 exhibitors displaying new farm equipment, tractors, combines and farm implements; seed and crop protection products; and many additional farm supplies and services.