July 2, 2022
Fargo, US 62 F

Closing Market Report- 6/17/22- Heavy Pressure in Wheat and Crude Oil on Friday

Grain and soy markets gave up early gains with wheat plunging and dragging down the other markets. The sudden collapse in crude oil prices pulled down soybean oil for a seventh consecutive lower close. Corn and soybeans finished in the red and well below morning highs.

Farm Broadcaster Richard Ristvedt has our closing market update: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406

Also, more analysis with DuWayne Bosse of Bolt Marketing and Jesse Allen on today’s Market Talk below:

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