Wheat found more support on the day Thursday after starting off mixed. Outside factors like the Fed rate hike, U.S. dollar and Russia/Ukraine continue to influence our market trade. Corn and soybeans were quiet on the day with livestock trade mostly lower. Weekly export sales were dismal and grains and solid in pork and beef.
Farm and Ranch Director Jesse Allen has our closing report: https://lightningstream.com/ajax/GetODFile.ashx?call=MIDWEST&fileid=1406
Also, more analysis on today’s Market Talk below with Bryan Doherty of Total Farm Marketing. We’re also joined by David Widmar of Agricultural Economic Insights and John Sandbakken of the National Sunflower Association.
