Corn inches higher following lower Brazil corn estimate

Corn inches higher following lower Brazil corn estimate

Soybeans lower again as cool weather favors that crop. (audio)

Corn futures are a little higher near midday following reports that Brazil officials lowered estimates for that country’s corn crop, which is being harvested. Soybeans are lower as rain this week and mild temperatures through the weekend should aid crop development in the Midwest. Wheat futures are a little lower as the winter wheat harvest continues.

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

Corn futures are a little higher near midday. (Photo: lukas_zb/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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