Farm Progress

Market Update for 1/6/17Market Update for 1/6/17

Bob Burgdorfer says markets are looking toward Jan. 12 USDA report. (audio)

Farm Progress Staff

January 6, 2017

Corn, soybeans and wheat finished higher for the week, even though today was a down day in the markets.

Rain and flooding in parts of Argentina sent soybeans over $10 a bushel for a while, though they were lower today.

Condition reports out Tuesday evening that showed winter wheat condition falling in the Plains supported the wheat market.

Today's weekly export sales was lower, but that's to be expected with the holiday week. Today, the first sale of the new year was reported.

In the 6 to 10 day forecast, warmer weather is forecast for much of the country.

About the Author(s)

Farm Progress Staff

/author/compiled-by-staff, Farm Progress

/author/compiled-by-staff

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

You May Also Like