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Kansas snowstorm drives wheat markets higherKansas snowstorm drives wheat markets higher

Wet conditions lift corn and soybeans. (audio)

May 1, 2017

1 Min Read
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Winter wheat markets led the crop markets higher on Monday as a weekend snowstorm in western Kansas flattened wheat fields, closed roads and knocked out power. Crop experts this week will assess the damage and the crop’s ability to recover.

Corn and soybean markets are higher and getting a lift from the wheat. Support also is coming from this week’s wet conditions in the Midwest that should halt planting for a few days.

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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