Corn, soybean and wheat charged higher on Tuesday on apparent fund buying on the final day of February. The gains came as news circulated that President Trump wants to change how biofuels are blended with the nation’s fuel supply. It is not clear how the changes will affect demand for ethanol and biodiesel, but the markets for corn, soybeans, soybean oil and ethanol are higher today.
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.