Farm Progress

Grains bounce back strong

Strong export sales help erase early week losses.

September 14, 2017

1 Min Read
maciek905/Thinkstock

After big grain losses on Tuesday due to less-than-favorable USDA WASDE reports, the market was left wondering what would happen next.

Fortunately, the latest USDA Weekly Export Sales report brought some bullish news. Soybeans, in particular, posted larger-than-expected export sales numbers, beating USDA and trade estimates for the week. There are also some mounting weather concerns that are coming into play.

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.

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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