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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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The series profiles people in agriculture who have coped with challenging situations and highlights sources of support.