November 11, 2016
Soybean futures turned lower near midday following a 3% drop in China’s soybean market. Also, talk is circulating Brazilian farmers are selling soybeans following a sharp drop in the real.
Egypt bought Russian wheat today at prices $3 to $6 per ton higher than in a similar tender earlier in the week.
Listen to the report using the audio link on this page.
Soybeans fall after Chinese market turns lower
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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