Farm Progress

Soybeans are lower after export sale cancelled.

Bob Burgdorfer, Senior Editor

August 9, 2017

1 Min Read

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Corn and winter wheat futures hovered near unchanged at midday, while soybeans were a few cents lower as traders await Thursday’s USDA crop production and supply/demand reports. That report will be released at 11 a.m. central time on Thursday.

Soybeans are lower possibly getting some pressure after USDA reported the cancellation of a sale of about 4.8 million bushels old-crop soybeans to unknown destinations.

Farm Futures Senior Editor Bob Burgdorfer comes to 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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