August 22, 2016
Another daily soybean export sale announced by USDA plus better-than-expected weekly export shipments preceded gains in Chicago soybean futures, which rose to a one-month high on Monday.
Corn futures were a fraction lower and winter wheat was lower.
Weather continues to be good for corn and soybeans with recent rain providing beneficial soil moisture. Also, the 6- to-10-day outlook favors rain and warmer weather next week for Midwest crop areas.
Listen to the report using the audio link on this page.
Soybeans higher, corn futures were a fraction lower and winter wheat was lower.
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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