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Corn, soybeans inch higher after bearish crop report

Corn, soybeans inch higher after bearish crop report
China buys more soybeans, Saudi Arabia buys corn. (audio)

Corn and soybeans traded a little higher near midday on Thursday as the markets recovered a little of what they lost on Wednesday after USDA sparked selling with its larger-than-expected crop numbers.
Weekly export sales on Thursday were about as expected, with corn and soybean business down from a week ago and wheat higher.

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

Corn and soybeans traded a little higher near midday. (Photo: solarseven/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.

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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