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Grains Lower as Trade Looks to Friday

Grains Lower as Trade Looks to Friday

Soybeans were unable to hold overnight gains as the markets prepare for the next big USDA surprise. (audio)

Weather is moving across the Plains with sights set on the western Midwest as harvest heads into the home stretch. Corn and soybeans are just ahead of their 5-year averages for harvest while wheat planting is down to the final 10% and 78% of the crop has emerged. Outside markets are trading lower as they look to Friday for big news as well. Oil prices are continuing to move lower, bringing fuel pricing into focus for farmers looking into 2014.

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

Soybeans were unable to hold overnight gains as the markets prepare for the next big USDA surprise.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

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