Soymeal futures jumped about $17 per ton on Wednesday in reaction to tight supplies and strong demand by livestock producers and exporters. Gains in that market lifted corn and soybean futures, while wheat futures advanced on ongoing talk the Russian wheat crop will be hurt by winter weather.

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Exporters, livestock producers need soymeal

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.

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