Farm Progress

Technical selling weighs on corn and wheat. (audio)

February 27, 2017

1 Min Read
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Soybean futures are trading at a six-week low on Monday following lower oilseed markets in Asia and Europe and smaller-than-expected weekly U.S. export inspections.

Corn and wheat are lower and fell below chart support levels. The weekly corn export inspections topped trade forecasts while the wheat shipments matched expectations.

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.

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