Soybeans are sharply lower for a second day after USDA on Monday forecast a larger-than-expected harvest this fall. Corn and wheat moved lower as well.
The crop markets are drawing pressure from outside markets as equities and crude oil are lower amid new data that fueled ideas the current excess of oil will continue into next year.

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Soybeans are sharply lower for a second day. (Photo: phongphan5922/Thinkstock)

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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