Grains Lower on Export Sales

Grains Lower on Export Sales

Grain prices are lower this morning as export sales for the holiday week were disappointing across the board. (audio)

Wheat seems to be leading the market lower as disappointing news keeps coming with the big Canadialn crop followed by an increased projection for the 2014 crop from the UN and poor export sales numbers this morning. Soybeans saw decent export sales numbers, but much of it is 2014, including another 4 million bushels announced this morning. Corn prices are a little lower on poor export sales and some positioning ahead of Tuesday's USDA reports.

Farm Futures Market Analyst Paul Burgener reports on morning grain trade. Listen to him using the audio player on this page.

Grain prices are lower this morning as export sales for the holiday week were disappointing across the board.

Market Analyst Paul Burgener joined the Farm Futures team in November 2012 and brings a solid ag economics background. A former University of Nebraska Extension Ag Economist with training from the University of Wyoming, Burgener brings extensive experience to his new role. Most recently, he was involved in agricultural finance, and will offer that perspective through his comments and writing.

TAGS: USDA
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