September 30, 2016
Corn and soybean futures moved higher after USDA reported supplies as of Sept, 1 a little under average trade forecasts. However, the corn’s 1.738 billion bushels and soybeans’ 197 million were up a little from year ago levels.
Wheat futures moved higher after USDA trimmed its production estimate from the August number. All wheat production
is now at 2.31 billion bushels, with reductions noted in spring wheat and soft red winter.
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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