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Big deliveries limit gains in soybeans and wheat

Wet weekend forecast for Midwest crop areas. (audio)

April 29, 2016

1 Min Read

Soybeans held modest gains and wheat markets are mixed on Friday, with both markets pressured by larger-than-expected deliveries on the first notice day for May contracts. Deferred corn futures were mostly unchanged, while the soon-to-expire May was up about 2 cents.
There were no deliveries for corn and that market also was supported by an export sale to Japan.

Listen to the report using the audio link on this page.

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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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