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Crop markets drift as holiday week winds downCrop markets drift as holiday week winds down

Lower dollar provides market stability as calendar trading year winds down. (Audio)

Bob Burgdorfer

December 29, 2016

1 Min Read

Corn prices were a little higher and soybeans weak in holiday trading with little news to guide action. The dollar fell to a one-week low on Thursday after nearing a 14-year high on Wednesday and that helped stabilize the crops. Results are awaited on Egypt’s tender for wheat, with Black Sea origins likely to get the business. No U.S. wheat was offered.

Listen to the report using the audio link below.

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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