October 17, 2016
Soybean futures traded about 8 cents higher near midday following supportive export news this morning and from late last week.
Weekly export inspections on Monday were much larger than expected and September’s NOPA crush released today also topped forecasts.
Corn futures traded about 2 cents lower as grain dealers said farmers selling some of their crop as harvest progressed. Wheat markets were a little higher.
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 to Farm Futures' free e-newsletter, Farm Futures Daily, and keep up during the day with Farm Futures on Twitter.
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