Corn lower, soybeans higher, as markets await heat wave

Corn lower, soybeans higher, as markets await heat wave

Forecasts show more moderate temperatures next week. (audio)

Corn is a little lower and soybeans are a few cents higher near midday on Wednesday as traders await this week’s heat wave, which is expected to produce highs at or above 100 degrees in Nebraska and in the mid-90s in the Midwest.
The latest weather maps show the heat moderating by Monday with highs then expected in the mid-80s.

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

Corn is a little lower and soybeans are a few cents higher near midday. (Photo: solarseven/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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