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Corn, soybeans higher following export salesCorn, soybeans higher following export sales

Wheat higher as rain moves through spring wheat areas. (audio)

August 3, 2016

1 Min Read

Corn and soybeans held gains at midsession following another batch of daily export sales.
USDA on Wednesday said China bought soybeans and unknown destinations bought corn and soybeans. Weather forecasts remain favorable for the crops with the latest 6- to 10-day outlook showing hot but wet conditions next week in the U.S. Midwest.   
Wheat markets are higher as rain may slow the German harvest and the U.S. spring wheat harvest.

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.

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