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Soybeans advance following big crush and export shipments

Corn trades a few cents lower as farmers sell harvested supplies. (audio)

October 17, 2016

1 Min Read
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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.

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