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Corn, Soybeans Pulled Down Crude Oil, Good Weather in South America

Corn, Soybeans Pulled Down Crude Oil, Good Weather in South America

Wheat futures turn lower, but Russia still supports

Corn and soybean futures were lower in Tuesday’s trading as lower crude oil prices weighed on commodities that produce biofuels.

Profit taking pressured wheat. That market had recent gains after Russia said it may limit grain exports in 2015.

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

Corn, Soybeans Pulled Down Crude Oil, Good Weather in South America

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.
TAGS: Market News
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