Corn, soybeans are lower as hot weather abates and rain falls

Corn, soybeans are lower as hot weather abates and rain falls

Crop troubles in Europe limit declines in U.S. wheat. (audio)

Corn and soybeans are lower on Monday as rain reached Midwest crop areas over the weekend and forecasts have more this week. Only minor changes are likely in weekly crop ratings due later on Monday, with corn possibly losing a point from its good to excellent rating.

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

Corn and soybeans are lower. (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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