Soybeans are under $10 a bushel near midday after USDA late on Monday said the U.S. harvest was now ahead of the five-year average. Lower vegetable oil markets here and overseas weighed on soybeans. Corn futures were lower as that harvest should progress when dry weather arrives in the Midwest on Thursday.
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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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