Corn futures were about two cents higher near mid-morning on Tuesday after USDA reported the export sale of more than 5 million bushels to Japan. Soybeans were getting a lift from higher oilseed and vegetable oil markets in Asia.

Traders are awaiting Thursday’s USDA crop report in which the trade expects corn and soybean ending stocks to be reduced from the January report.

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

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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