A little profit taking in the wheat and soybean markets is being offset by less harvest pressure with rains falling on the Midwest and more coming. Snow is falling in western Nebraska and severe weather is forecast for eastern Nebraska and parts of Iowa as harvest delays are the word for today. Grain markets are seeing traders hold onto positions but not willing to make big moves as fundamental information is scarce.
Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.
Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.