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Despite government turmoil, grain prices are holding steady
['Michael Johnson Is The News Editor For Agweek. He Lives In Rural Deer Creek', 'Minn.', 'Where He Is Starting To Homestead With His Two Children']
Agweek | Agriculture news in North Dakota Minnesota South Dakota Iowa
The week ends with some areas of the northern Plains seeing record high temperatures and harvest of soybeans at breakneck speeds.
ADVERTISEMENT“What's really impressive about all that is, with as fast and as quick as the harvest is going, the market is still holding up fairly well,” Martinson said.
Just days after that shutdown, the markets are without reports like the August crush numbers, export sales and commitment of traders reports.
Martinson said it appeared supportive to the market because it would help producers hold onto product rather than ship it out at low prices.
More market news you can use“It's not that it's going to be bad prices,” Martinson said.