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Crop markets narrowly mixed as the dollar slips to two-month low

Soybeans pause after recent gains. China buys more soybeans

Bob Burgdorfer

August 16, 2016

1 Min Read

The crop markets were narrowly mixed on Tuesday unable to gain upward traction despite the dollar

being  near two-month low. The greenback was lower amid speculation the Fed Reserve may be slow to raise interest rates.

USDA said China bought 4.37 million bushels of new-crop soybeans on Tuesday    

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 toFarm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.

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