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Soybeans charge higher as too much rain falls on Argentina fieldsSoybeans charge higher as too much rain falls on Argentina fields

Winter wheat moves higher on fewer acres. (audio)

Farm Progress Staff

January 17, 2017

1 Min Read

Soybeans raced to a six–month high on Tuesday following reports of excess rain in Argentina. The rain has many newly planted fields underwater, which

raised doubts about recent production estimates.

Winter wheat futures are higher after USDA last week said planted acreage was the smallest in more than 100 years.

Corn futures are a few cents higher following the wheat and soybeans.

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.

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.

About the Author(s)

Farm Progress Staff

/author/compiled-by-staff, Farm Progress


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