Farm Progress

Market Update for May 5, 2017

Bob Burgdorfer talks about snowstorm in western Kansas, upcoming monthly crop report & more. (audio)

May 6, 2017

A weekend snowstorm in western Kansas dumped up to 18 inches across the region, just before the annual wheat tour was about to begin. It fueled a boom in the wheat market, which mostly fizzled by week's end, though wheat and corn still finished up for the day and week. Soybeans, however, were lower for the day, but higher for the week.

Floodwaters are moving through Missouri, Arkansas.

First export sale since April 21 was reported today.

Colder than normal weather is in the six to 10 day forecast for large portion of Midwest.

CFTC report.

In addition to crop progress report on Monday, be watching for Wednesday's monthly crop report.

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