Soybeans bolted higher on Monday following bullish export news that included a big sale to China and weekly export inspections that were near to high end of trade forecasts. In addition the Asian oilseed markets moved higher overnight.
Winter wheat moved higher despite news from Australia that a record large crop was being harvested there.

Listen to the report using the audio link on this page.

Soybeans bolted higher on Monday following bullish export news that included a big sale to China and weekly export inspections. (Photo: whyframestudio/Thinkstock)

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.