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Harvest pressure offsets bullish exports for corn and soybeans

Harvest pressure offsets bullish exports for corn and soybeans
Wheat markets lower after weak export sales. (audio)

Corn and soybean markets are holding near unchanged as support from bullish weekly export sales is being countered by the ongoing harvest, particularly with forecasts showing several days of rain-free weather in the Midwest.
The weekly export sales for corn and soybeans were up from a week ago and topped trade forecasts, with China again the leading buyer in soybeans.

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

n and soybean markets are holding near unchanged. (Photo: maciek905/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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