September 18, 2017
Big supplies aren’t necessarily bad for grain prices – as long as there’s big demand on the other side of the ledger. The markets today do a nice job of showing that.
USDA has now reported seven straight days of large soybean export sales. Monday’s sales include 9.6 million bushels headed to China and another 4.6 million bushels headed to unknown destinations. Corn and wheat, on the other hand, have not been sharing the same kind of bullish news – at least not in terms of large export sales reported.
Here’s a look at how markets are moving this Monday morning.
Listen to the report using the audio link on this page.
Senior Editor Ben Potter brings more than 14 years of professional agricultural communications and journalism experience to Farm Futures. He began working in the industry in the highly specific world of southern row crop production. Since that time, he has expanded his knowledge to cover a broad range of topics relevant to agriculture, including agronomy, machinery, technology, business, marketing, politics and weather. He has won several writing awards from the American Agricultural Editors Association, most recently on two features about drones and farmers who operate distilleries as a side business. Potter is a graduate of the University of Missouri School of Journalism.
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