Farm Progress

Bryce Knorr discusses factors impacting the market this week. (audio)

September 18, 2017

USDA is done with market-moving reports for a while, now it's a waiting game until harvest starts to see how much grain is actually in the fields. Harvest could be delayed a week or two by slow maturing crops.

Outside markets are influencing the markets. Soybeans have been correlating with crude oil prices. Watch for Federal Reserve announcement out this week, that is expected to impact commodity market.

Parts of Mato Grosso are expecting rain next week, which would be welcome as the area has been dry and Brazilian farmers can now plant soybeans - they have to wait until after Sept. 15. 

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