Soybean futures are lower near midday on Thursday as they appear to be taking direction from the lower equity and crude oil markets. Weekly export sales were a little better than expected for soybeans and about as expected for corn.
Wheat exports had a net reduction in old-crop supplies as some buyers favored new-crop supplies.

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Soybean futures are lower near midday. (Photo: Maciek905/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.

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