Market Update for June 23, 2017Market Update for June 23, 2017
Bob Burgdorfer discusses factors impacting the market this week. (audio)
June 24, 2017
The weather is changing, ushering in nice weather just in time for corn's critical pollination time in early July. The cooler weather has sent corn and soybean markets down.
Spring wheat markets are generally higher, fueled by weather concerns in Europe and the Dakotas. Winter wheat markets are generally lower, as harvest is underway.
CFTC report showed funds added to net shorts in corn and soybeans.
Crop Progress report will be out on Monday afternoon and the trade will then be focused on June 30 planted acreage report and grain storage report.
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