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Market Update for March 19, 2018

Bryce Knorr discusses factors impacting the market. (audio)

March 19, 2018

Rain in Kansas and forecasts calling for more rain later in the week have sent the wheat market lower.

The soybean market is lower even though it's still dry in Argentina's soybean growing region and harvest is soon approaching there. Technical selling and weaker outside markets are putting pressure on soybeans. There's potential for a trade war and uncertainty what China will do.

Corn is down 2 to 4, basically because everything else is. 

Farm Futures latest survey on Planting Intentions is due out at 7 a.m. Friday.

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