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Soybeans advance following more gains in soybean oil, canola

Corn lower as harvest advances; wheat drops. (audio)

October 24, 2016

1 Min Read

Soybean futures are at a six-week high on Monday following more gains in the soybean oil, palm oil and canola markets. Also, weekly soybean export inspections topped forecasts.
Corn futures are a few cents lower as harvest continues in the Midwest. Winter wheat futures held the largest losses of the morning after export inspections missed forecasts.

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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