Farm Progress

Soybeans rebound as rain misses dry crop areas in Argentina

Wheat higher following reports India will need to import grain. (Audio)

December 27, 2016

1 Min Read

Corn, soybeans and wheat moved higher on Tuesday after the three-day weekend, with soybeans getting a lift from talk weekend rain missed dry crop areas in Argentina. Wheat is higher following reports last week that India will need to increase imports of wheat following two-years of drought-reduced crops. However, India typically buys wheat from Europe and Australia.

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.

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