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Hot forecast sends spring wheat to 4-year highHot forecast sends spring wheat to 4-year high

Corn, soybeans, winter wheat also higher (Audio report)

July 3, 2017

1 Min Read

U.S. crop markets sped higher on Monday, with spring wheat at a four-year high, after weather forecasters said key growing regions will be hot and dry next week.

The markets were headed higher ahead of that weather news due to smaller-than-expected acreage data in USDA’s planting report on Friday. Crop markets close about an hour early on Monday and will be closed on Tuesday’s holiday.

Listen to the report using the audio link below.

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

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