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Wheat drops as rain moves into the Plains

Wheat drops as rain moves into the Plains

Corn, soybeans pulled down by wheat, despite lower dollar. (audio)

Wheat futures are lower on Wednesday as forecasts for rain this week in the central and southern Plains may ease dry conditions. However, the 6- to 10-day outlook favors more dry weather there. The lower wheat pulled corn and soybeans lower despite more declines in the dollar.

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

Wheat futures are lower on Wednesday.

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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