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Soybeans Bound Higher After Brazil Trims Crop Size

TAGS: USDA
Soybeans Bound Higher After Brazil Trims Crop Size
Corn Futures Near Unchanged as Harvest Advances (audio).

Chicago soybean and soybean meal futures were higher near midday on Tuesday after wire reports said Brazil trimmed the size of its next soybean harvest.

Corn futures were near unchanged as pressure from rapid harvesting countered  support from Monday’s USDA report that trimmed this year’s crop size.

You can listen to Burgdorfer's mid-day report using the audio player below.

Soybeans Bound Higher After Brazil Trims Crop Size

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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