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Soybeans charge higher again after more export sales

Corn is higher, while wheat also tries to advance. (Audio)

December 6, 2016

1 Min Read

Soybeans on Tuesday charged higher for the second day following two big export sales, one to China and one to unknown destinations. In addition, the market is getting help from overseas, where Malaysian palm oil reached a four-year high amid new concerns about lower production there. The U.S. wheat markets are trying to move higher with the other crops but the effort is being slowed by a big harvest under way in Australia.

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

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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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