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Farm Progress

Market Update for March 16, 2018

Ben Potter discusses factors impacting the market this week. (audio)

March 17, 2018

Here's how commodities finished for the week: 

  • Corn down 2.0%

  • Soybeans up 0.8%

  • Chicago wheat down 2.2%

  • KC wheat down 2.8%

  • MGEX wheat down 0.6%

Export sales were reported on three sales with sales of corn and soybean oil. Corn exports have been especially hot last few weeks.

Noticeable drought in wheat production areas may be easing as the latest weather forecast shows rain may be on the way for Kansas and the Dakotas.

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