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Corn, soybeans move higher on South American weather problems

Wheat futures advance despite beneficial rain in the Plains. (audio)

April 18, 2016

1 Min Read

Corn futures are up about 4 cents as dry weather in Brazil may be hurting the crop there. Meanwhile soybeans are higher as more rain in Argentina threatens that soy crop, which is ready for harvest.
Wheat futures are higher amid reports of technical buying. The gains in wheat are despite widespread beneficial rain this past weekend in the central and southern Plains. 

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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