Farm Progress

Market Update for March 5, 2018

Bryce Knorr discusses factors impacting the market. (audio)

March 5, 2018

President Trump has proposed tariffs on imported steel and aluminum and there's concern other countries will retaliate, either by official or unofficial means. The announcement adds another level of uncertainty to NAFTA talks, which conclude today.

Markets are trying to move higher, with soybeans driving the market. Wheat drove the markets lower on Friday. It's not unusual for soybeans to take a pause during the first week of March.

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