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Hot, dry forecasts lift corn and soybeans

Wheat markets mixed, HRW lower after USDA forecasts big crop

June 13, 2016

1 Min Read

New-crop corn and soybean futures are higher on Monday following forecasts for hot, dry weather next week in the Midwest

and following longer-term outlooks that favor above-normal temperatures this summer.

Wheat markets are mixed, with hard red winter wheat contract lower after USDA on Friday forecast a big harvest this year.

Listen to the report using the audio link on this page.

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Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

For more corn, wheat and soy news, commodity marketing recommendations and daily commodity charts, subscribe to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

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