The markets and the wheat markets in particular started off on fire this week, said Don Wick of the Red River Farm Network. But as he and Randy Martinson of Martinson Ag Risk Management discussed on this week's Agweek Market Wrap, sponsored by Gateway Building Systems, most of the gains were lost by the end of the week.
Even as the central and eastern parts of the Corn Belt finally are making some planting progress, the western Corn Belt and northern Plains remain mired in wet, cold weather that has kept tractors at a near-standstill, especially in North Dakota and Minnesota, Don Wick of the Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discussed on the Agweek Market Wrap.
Don Wick of the Red River Farm Network and Randy Martinson of Martinson Ag Risk Management discuss what late planting in the northern Plains and Corn Belt could mean for corn, wheat and soybean markets, as well as what the Fed is doing on inflation, what inflation means for markets, how world events are impacting the markets and what to watch for in the coming week.
There's not a lot of rationing happening in the grain market right now, with grains trading at some "pretty lofty levels" during a "choppy week," Don Wick of Red River Farm Network said. Wick joined Randy Martinson, of Martinson Ag Risk Management, on this week's Agweek Market Wrap, sponsored by Gateway Building Systems.
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