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Big deliveries limit gains in soybeans and wheatBig 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.


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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